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Non-Tech : Heavy Machinery. CAT DE CSE DDC CUM

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To: Wade who wrote (91)5/9/1999 3:35:00 PM
From: Wade  Read Replies (1) of 190
 
All,
TEC closed at 14 1/16...a nice move within this week. This stock is still under moderate accumulation as you can see a few buy block trades crossing during these days. Overhead supply built in the last 6 months has to be removed before break out can take place. Nevertheless, the trend is moving toward that direction. The weak RS is evidence that this stock is very undervalued. The trend is reversing as well. There is room for a quick 50% appreciation within the next 6 months. The reason is very simple...if you take look at its financial balance sheet. You will be very surprised to find out this one is totally neglected by the street. But, I doubt this can last any longer....my words are out <grin>. May be I should post this at Yahoo and AOL boards...hehe.

Sincerely,
Wade
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