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Microcap & Penny Stocks : lcav

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To: cbfromli who wrote (6)5/1/1997 1:42:00 AM
From: Harry W. Lowe   of 942
 
Carlos,

I am glad that you started this thread because I think there is money to be made on LCAV.

I too owned this stock before the many splits. In fact I held a position in the shell company "Maxoil, Inc." which was purchased by LCA-Vision, Inc. Knowing something about the company and its management has helped me to see a good growth potential in the value of the stock.

The recent volatility in the price movement was apparently due to a favorable report due to be released May 2, 1997. Also the quarterly report is due in May, all of which should cause interest in LCAV.

I see a potential move back up to $8.50/share and eventually $12.00. But, this might take time to develop. I will continue to post my opinions based on Technical Analysis as time goes on.

As to whether or not you should by more stock is really your decision to make. Try not to be biassed on what I write on this thread. I am giving an opinion on price action which might or might not happen.

How accurate I am on my prediction will be proven over time, but you should use your own analysis to make your decisions.

Thanks again for starting the thread and good luck.

Regards,

Harry
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