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Microcap & Penny Stocks : lcav
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To: philip maun who wrote (27)5/15/1997 2:04:00 AM
From: Harry W. Lowe   of 942
 
Phil,

Thanks for the report. I knew that it was due, but I didn't expect good news because of the price action of the stock. Believe me, if the news had been good there would have been increased activity in the stock. As it is the On Balance Volume (OBV) indicator shows money leaving the stock, not a sign of good investor support.

It will be interesting to see any follow up from Zacks Hot Stocks and their interpretation of the report. In the mean time watch the charts and be patient.

Regards,

Harry
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