Stock Watcher's Thread / Pix of the Week (POW) Message Board

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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 244.06

-9.8%

Nov 21 9:30 AM EST

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To: Stock Watcher who wrote (10936)	6/22/1999 7:21:00 PM
From: RikRichter	Read Replies (1) of 52051

SW - RE: EXGP volume. I am of the belief that volume for many unknown, micro-cap BB issues is not an important indicator. SCKT is a perfect example. There have been several days where ZERO shares have traded for SCKT and prior to the last couple of weeks its volume averaged about 11,000 shares per day. For a fifty cents stock at that time, that was puny! Today SCKT announces a terrific MSFT alliance for mobile Internet access on Windows-CE Palm-top PC's and its volume (and stock price) soared to 1.6 million shares. To me, EXGP has that kind of capability. If EXGP were to announce a major alliance or e-commmerce deal for its WebData search engine or comparison shopping engine, the same kind of reaction will be experienced IMO. Regards.

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