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Microcap & Penny Stocks : Fricks' Picks

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To: Bill Evans who wrote (162)	7/25/2000 4:33:47 PM
From: Steve D.	Read Replies (1) of 403

Bill: Nice uptick on HBI today, I think there is a possibility we will break 3 tomorrow, if we hold above 3.00 tomorrow, I can see 4-$5.00 down the road a piece? Will take some time, as there are going to be some pull back's on price appreciation, unless something is going on behind the scenes? Like a buy out. Book value alone is 10.47 a share. What's your take on this? Charts look good for continued uptick. Only thing that bothers me a little is the stochastic trend line which is indicating HBI is way oversold, however the 13 day MA trend line is not even close to the 50 day MA. This week will tell a lot of the story for the future. My Opinion Only. Steve

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