NEW WORLD COFFEE (NWCI) IS A STRONG BUY Message Board

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Microcap & Penny Stocks : NEW WORLD COFFEE (NWCI) IS A STRONG BUY

NWCI 0.0001000

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Nov 7 12:59 PM EST

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To: BuzzVA who wrote (1617)	11/18/1999 3:24:00 AM
From: glen	Read Replies (1) of 1625

NWCI Breaks Resistance And Is Now In An UPTREND!!!Read my reply #1615 Message 11470852 Well, yesterday's close of 2 3/8 gave us that close above resistance (which was 2 1/4) that I spoke of in my last reply. The result of this was today's leg up, with little resistance, of 5/16 points, giving us a close of 2 11/16. This is a gain of over 13% on the day, and is only the beginning of NWCI's move to new high ground. Don't disparage and don't dispair. You can get on the NWCI train, or stand on the platform as you watch it go by. "Toot, toot," the train is leaving the station and the journey has begun. Three boutique firms have put out buy recs and begun coverage in the last couple of weeks. You can be sure that this is only the beginning. My prediction is that NWCI YE2000 earnings will exceed $0.40-$0.50 per share and will sell for a PE of 15x-20x. That's a target of $6-$10 for next year. For all I know, it may even top these initial targets. IMO, this is now a low risk, high reward investment. Next major resistance is 3 3/16, and after that, it's on to $5 bucks. See ya there!!!

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