Joe Copia's daytrades/investments and thoughts Message Board

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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts

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To: Joe Copia who wrote (18093)	7/20/1999 10:32:00 PM
From: mark cox	Read Replies (1) of 25711

NWAC has developed a nice Ascending Triangle. If it breaks out above $35.50 we should see a good run. Stochastics are oversold and they just announced that they beat analyst's estimates. That's a good combination. LWAY is on fire. New 52 week high today. A large food processing company is going to make an equity investment in the company. LWAY is the leading producer of kefir in the U.S. They have a new highly automated plant with lots of capacity. The CEO stated two days ago that revenues for the 2nd quarter will show a 22% increase and that revenues are growing weekly. Last quarter had revenue growth of 13.6% The growth rate should continue to increase because they just began their first national advertising campaign just two months ago. kefir.com Mark

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