lcav Message Board - Msg: 1538279

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Microcap & Penny Stocks : lcav

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To: Malcolm Manness who wrote (34)	6/5/1997 3:52:00 PM
From: Harry W. Lowe	of 942

Hi Malcolm and all, I've returned from vacation and am trying to get a "handle" on this market. As expected from recent price and volume behavior, LCAV has not improved in price. With today's activity the price has come down to the primary support of $3.50/sh. If this price is penetrated (on a closing basis), a test of $2.625 is probable. If and when the current negative price trend is reversed, an upside price resistance of $4.25/sh will have to be penetrated before higher prices can occur. The latest news release from Zacks Hot Stocks (5/20/97 page 5 of 8) failed to insight any increased activity in the issue. This news release can be found at: <http://www.redhotstocks.com/> Considering the foregoing, and the general lack of interest in LCAV, traders should avoid this issue for the present. Would appreciate any questions or comments re:this advisory. I am not a licensed advisor or broker, and the preceding information is this the opinion of the writer. No price behavior of this issue is garanteed. Happy trading, Harry

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