Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (7479)	1/12/2001 11:59:55 AM
From: Jibacoa	Read Replies (1) of 13094

JIM: Another one for possible "bottom fishing": ESTM: Trying to bottom out at the 3/8 level. It reportedly sells at 0.15 of book and has $1.05 cash/share. The insiders hold 40%. The volume has increased in the last 10 days. They recently announced some positive news: MOUNTAIN VIEW, Calif., Dec. 11 /PRNewswire/ -- E-Stamp Corporation (Nasdaq: ESTM - news), a leading provider of secure Internet-based transactions, and Ditan Distribution, the entertainment software industry's most complete turn-key source for fast, on-time and accurate direct-to-store delivery, announced today that E-Stamp has been selected as Ditan's distribution and integration partner. The caveat is that they continued to post more losses in spite of better revenues. The price has held at the 3/16 area for the past 2 weeks and has started to move upwards yesterday and today on larger volume. Too speculative ?What do you think? RAGL. Bernard

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