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Strategies & Market Trends : Point and Figure Charting

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To: James Strauss who wrote (23822)	9/26/1999 11:46:00 PM
From: Sergio H	Read Replies (2) of 34818

IFLO Jim, if I can add two cents....Oberweiss Small Cap bought in at 3 3/4 in June, after the stock has already run up over 100%. There is a very small institutional following for IFLO and Oberweiss represents the beginning of more to come. I believe that the increased volume last week, including the large block buys at the ask was due to institutional buying. Johnson & Johnson will be demonstrating IFLO products at a trade show in San Fransisco at the same time that earnings are reported in Oct. Look for new product introduction to follow as well as updated Wedbush Morgan earnings projections. This is a good one to hold on to. Thanks Jim. Sergio

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