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Microcap & Penny Stocks : EVTN - P/E only 2.9 - great opportunity!
EVTN 0.00010000.0%Dec 12 4:00 PM EST

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To: Richard L. Williams who wrote (55)8/22/1999 4:34:00 AM
From: Rogue_Trader  Read Replies (1) of 125
 
Hi Rick!
Having seen the play that goes on with various stocks I agree with your thoughts... it just shows how tightly held this stock is. Having said that there appears to be more coming onto the market just recently with the increased interest and volume. I wouldn't read much into the pullback on Friday, the stock has been gradually moving higher for some time now.

We saw resistance levels at 0.81, 1.00 now 1.50 and I guess this will continue for a while until the bigger players decide what this stock is really worth - the last time we saw these prices is well over a year ago so I'm not surprised there's selling at these levels - possibly long-term holders with some previous connection to the Co. that have decided the time has come to move on...

So much is going right for the Co. at this moment with increasing interest from customers and distributors that I hope the news which is around the corner will support a higher price for the stock rather than act as a trigger for more selloffs. Also, we should expect financials sometime soon which will confirm the stability of the Co. and meet the NASD filing requirement.

Most people here realise we are dealing with a major technology advance over what we currently have and will hold long - IMO EVTN will be a leader in this field following market recognition. (And what a vast market it is...)

Regards,
RT
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