ECNC (OTC:BB) - eConnect Message Board

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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: M Vavolizza who wrote (1944)	9/2/1999 1:33:00 PM
From: Jorjenzak	Read Replies (2) of 18222

Last one for awhile....no really....I MEAN it!!! LOL By: OldTimingMan Reply To: None Thursday, 2 Sep 1999 at 1:21 PM EDT Post # of 2234 IMHO-Keep in mind a few weeks ago when news came out about Australia. People wondered why the stock did not react right away. The general consensus was that the information had to be digested and disseminated. We have had nice movement upward, a little pull back and back up again. I believe the movement upward will continue but the big moves and volume will be coming in after next week. I base my opinions on several factors. 1. Current news has to be digested and disseminated. People "in the know" of ECNC are buying. Word has not been widely spread yet. 2. News on Yahoo has not showed up yet. 3. Slow week because of the last holiday of the summer. Historicly this is a slow time in the market. 4. It takes two to three weeks for new brokers, big investors and institutions to make a decision. Don't get me wrong, buying is coming in now and I believe the market could be much higher in the next two to three weeks but the type of investors I am speaking of are looking at the long term and what the stock is going to do over the next two to five years. They don't care if they are going to have to buy at higher prices because they are not looking to sell next week or even next year. I would not be surprised to see the average trade size to be 50,000 shares instead of 5000 shares. The reason I believe this is because now the company has sites to see and income to prove viability. So, all who are positioning now I believe to be smart. Look at the technicals and fundamentals. We don't have a momo or pump play here. I really feel we are on the threshold of something very big. Look at companies like,AOL, Yahoo, Ebay. Where were they three to five years ago. Also remember their growing pains and corrections in their stock. Great for some who are happy for short term profits. They can make money also. I am looking to retire with this company. I am very serious. JMHO

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