SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : LASERPACIFIC (lpac)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Dale Baker who wrote (397)1/24/2001 1:29:14 PM
From: NRugg  Read Replies (2) of 542
 
Price Recovering

I am a long time holder of LPAC, since March of 1999. My amateur technical analysis led me to think it was bottoming out in December.

It certainly seems to be experiencing a "January effect", much more than I hoped for. As of Jan. 24, it does seem to have gotten back about its 200 day moving average. For what it is worth, I think it will meet "resistance" at about $5.00, a level that it bounced back down off three times last year. I also think that the company's fundamental business plan is sound. Factors beyond its control, i.e. indecision on HDTV broadcast formats, and the fact that there is software that allows copying of digital data, I think has affected it price.

Norman
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News