XSNI - X-Stream Network Message Board

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Microcap & Penny Stocks : XSNI - X-Stream Network

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To: Richard K. who wrote (484)	5/12/1999 9:28:00 PM
From: RADAR )))	of 3519

Richard: Their was strong support for the stock at its brief visit to $2.50 today. The volume jumped significantly and large block trades on the buy side came in strong. The price quickly recovered to above $3.00 where it hovered for a a good part of the remaining day. I would expect that no news and lack of patience on the part of some investors will cause the stock to at least revisit the $2.50 level once again. Any significant selling could create some panic in those who got in in the twos. If it doesn't hold there, then the price has weak support at just under $1.00. My best guess is that it won't break much below the $2.50 level given the strength off that level experienced today. There are a lot of very good reasons to accumulate this stock. Patience will reward those who hang in and accumulate more when it bottoms. Expect volatility because of the small float. As soon as all of the MM's get their share of trading stock at the price they want, then any good news will move the price quickly (IMHO). All of this is just my crystal ball opinion only please. RADAR RADAR

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