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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Chisy who wrote (208)2/4/2000 4:08:00 PM
From: Jibacoa  Read Replies (1) of 1404
 
Chisy:

WINR: The stock has been doing very well in the past two months. Up from the $0.50 last November-December to today's intra-day H of 5. Last 4 5/16 Today's volume so far 902,200

The news that they announced today together with their division about their new encryption capabilities are impressive. According to the Chairman it would take 25 years for the most potent computer to un-scramble it and find the code for their encryption. That is quite a bit more than the Netscape that the USA government has being prohibiting the export because of "security" reasons.

The one caveat about the company is that all the insiders are listed for "sells" in pretty good numbers. Of course I don't know what % of shares they actually hold.

If you bought it below the $1 level last December you have made more than 500% at today's H. As long as it keeps going up I would keep it, but remember it is a very speculative company. (Quite a few are). As they say: You can't argue with the tape.

Good luck.

Bernard
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