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Microcap & Penny Stocks : MSU CORP-----MUCP

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To: Charles A. King who wrote (24)5/31/1996 3:36:00 AM
From: Zane Myers   of 6180
 
MSU Ready to Go?

Charles,

Well guys it looks like I am the lone wolf holding up the MSU board. Not a lot happening yet in the news but the chart is developing an interesting technical pattern. It appears we are building a new technical base at about 9 - 9.25. Volume continues to dry up as the stock dropped fractionally today. I look for one more quick dip intraday to about 8 3/4 at which time I expect to see new sponsership come into play on Friday pushing this issue higher to a close around 10 on Friday on heavier volume with a continuation of this move through Wednesday or Thursday of next week. Target price 12.50. Unless the news breaks, Then all bets are off on where this will end up.
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