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Strategies & Market Trends : The picks

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To: jjones who wrote (2388)1/20/1997 4:07:00 PM
From: Steven Messina,L.M.T.   of 6124
 
jjones:

I'm not certain to which security you'd like an update on, but I'll post KNIC and USBL.

Re: KNIC

Share Price: 7 7/8
Bid: 7 3/4
Ask: 7 7/8
Volume: 230,000shs
% gain/loss: 1.61% gain
Hi % gain today: 3.23% @ $8/sh

Remember, this stock rose more than 30% within four days of trading.
Consider today's 1%+ gain, nothing more than a plus. KNIC, as any other hi-riser, needs to have some breathing room. I dont see this stock stuck in this .10 trading range for more than another day. Once it breaks clear through $8/sh, and investors (large and small alike) wake up to the gargantuan earnings....you'll be able to kick back, relax, and enjoy your flight. "This is your captain speaking...that is all".

Re: USBL

I've chosen not to hold a position in this one. USBL has not traded in three days.....I mean...nuthin......nada.....zilch....zippo! I believe the last trade was last Wednesday. It traded at $2...and is still there. Shawn had stated that USBL should be a stock you get in on, and forget about for a while. I chose to not get in on it, and forget about it permanently.......well, at least until some news comes out.

Do ya hold a position in USBL?

Regards,

Steve
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