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Technology Stocks : VCSY Vertical Computer

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To: Scott Goldman who wrote (31)2/20/2000 11:19:00 PM
From: Ronald P. Margraf Sr.  Read Replies (1) of 89
 
Hi Scott,

I didn't but I don't think that is wholly moving this to the upside. I think it is a combination of things.;

First; Folks have an opportunity to get back in or just get in cheap. Anything under 13 is a buy.

Secound; The company is putting a value of the stock at 20. This alone tells me that it is worth at least 6 in the short term. Will it get there in the next 2 weeks is hard to say. Maybe, probably. 6 is a pretty big expectation. To meet NASDQs requirements it has to say above 3.44 for 90 days unless they have something else up there sleeve. So I would suspect that they will be at 6 in short order and hold close to that for the minimum requirements for the next 90 days based on whatever it is that they will be coming out with.

Third; Nobody does a 20-1 split and then comes out immediately and say that they are going to apply for a NASDQ listing when the stock is at 1. Of course we now see that they are at 2.53. My broker tells me that there have been some huge block being bought. 100,000 at a pop. Makes my position look like small potatoes.;-)))))

Forth; This one is a traders and specs. dream but could be a nightmare if things don't go right. This could go to 1 in a heart beat faster then it has gone up so I would caution everyone that is getting in on this. Unless there is a positive surprise coming out on this, one could be sitting on some expensive stock if it turns down. Wed. could tell the story. If we make it through Wed. on the upside then I would say we are good for another week. Now that is a MAYBE!
So we will have to wait and see.;-)

So, I will post the T/As and let everyone make up their own minds;

VOL.- down slightly. 51 mil. shares.

PRICE - UP, but then you all know that.

Momentum - UP

MACD - Ballistic. In other words UP.

Directionals, ADX/ADXR - Buying pressure is ballistic. UP.

Stochastic Ocillator weighted - UP.

So there you have it. Now this is all conjector. ALL my opinions are just that. So lets see where this will go.;-)

Catcha all on the upside,

Ron
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