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Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger?

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To: papa bear who wrote (1615)12/31/1997 5:54:00 PM
From: tahoeman   of 1702
 
Ron,

Thanks for your comments. I don't have trading information, but looking at the chart of interday trading, it looks like the price firmed up pretty well around $.27; exceptional volume on what would normally be a vacation day for traders; closed at the asking price. None of this information guarantees a move up, but looking at the past charts I agree with your assessment that we should see a technical move up.

I think that many of these BB stocks tend to sink in December and then bounce back to their levels prior to the tax selling season (especially see a rebound in those companies that actually have a product that can generate earnings). If there is manipulation (I want to be PC here) it is usually in line with this seasonal trend that BBs go lower in price.

My guess is that we are moving up due to the end of the selling period, some short covering, and expect to hear more information about the Bellcore deal to be finalized (not sure how long that will take) and maybe see some other news (???? Did management say they were working on SEC filings ???)

Good luck to all. I know I will be buying more!

--TM
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