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Microcap & Penny Stocks : Rat dog micro-cap picks...
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To: rocket_no9 who wrote (2401)4/1/2000 7:12:00 AM
From: Richard Mazzarella  Read Replies (2) of 48461
 
rocket, <<FTEC>> Thanks for the reply. I also have a feeling that the decline was triggered by the event you suggest, but that was back in February and the stock remained over $2 for a month. The poor earnings is linked to one single event of cost overruns for a project. The company just announced new business and possible lowering of overhead costs for increased capacity, but the stock still sells off. This may just be the results of momentum in a stock that's not closely followed. Like William, I sense a reversal, maybe a sharp one?
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