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Microcap & Penny Stocks : USTI UNITED SYSTEMS TECH INC
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To: Loren S. who wrote (917)10/20/1999 12:30:00 PM
From: Aduke  Read Replies (1) of 1001
 
I liked this writeup from a newsletter I received and want to share with everyone.

Please do your own DD. This contains some facts, speculations, as well as forward-looking statements.

>>>
USTI had support from the Analyst Group after a four-day consolidation phase leveled the stock at the .12 level. There's been some solid accumulation and our sources confirm that over half the float has been consumed. We would expect to see a higher base forming with continual accumulation as many are waiting for confirmation of yet another profitable quarter. USTI is expected to be profitable and we belive we will see a steady appreciation if the float continues to thin. USTI is a far cry from a mere momentum play and we strongly believe that the company will indeed succeed on it's on merits as investors slowly consume the shares liquidated by short-term traders. USTI is still relatively undiscovered which makes it an even more attractive issue. The five-day trading pattern closed with a wide upside reversal lending itself to a key level of support. Today's trading range represents a level where a reversal point can be influenced on relatively light buying pressure throughout the next several weeks. This is hardly the indication of a typical momentum play as speculated by those to quick to judge and having difficulty realizing the value USTI has to offer.
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