MYT - Mytec Technologies Message Board

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Gold/Mining/Energy : MYT - Mytec Technologies

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To: hsg who wrote (1390)	1/24/2000 2:50:00 PM
From: j. angeles	Read Replies (1) of 1535

Accumulation pattern, usually an increase in volume consistently over an extended period of time accompanied by price increases of between 15-20%. The volume on MYT trading increased just before Christmas, the price range was .80 - 1.20. MYT only really broke through this range last week, this may mean another support level around the 3.00 range. What's interesting is that there is "No News" to speak of, they did have an NR but only because of TSE request. Soo.. Maybe the market is realizing the "Sexiness" of biometrics with smart cards, wireless and internet security. Taking MYT along for the ride. If so, all the other biometric companies should be doing well. If they are not, then perhaps MYT will have an NR soon. The other barometer would be Insider trading. Any idea how many shares Steven Chepa is still holding? I would be really concerned if he's the one who's been selling. He owns over 2 million shares more than a year ago, down from 4 million around 1995. Insiders sold a bunch around Oct. 1996 with the Compaq NR. Good luck to all!

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