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Microcap & Penny Stocks : MCNS

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To: Peter Berkman who wrote (925)8/1/1999 10:07:00 PM
From: tom r. phillips  Read Replies (1) of 1116
 
Peter -- for anyone with confidence in MCNS's longer term prospects, the stock is certainly at an attractive buying point -- i.e., "oversold", at the bottom of a Bollinger band, near the June 30th intraday low of 9.0, etc. from a technical analysis point of view, a couple of closes below $9 would be a bad sign for further deterioration, so i guess that should be considered the support level.

tom phillips
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