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Microcap & Penny Stocks : lcav

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To: Harry W. Lowe who wrote (39)6/24/1997 11:15:00 AM
From: Harry W. Lowe   of 942
 
To All,

Extreme weakness in 'LCAV' as indicated by the willingness of the Market Maker (MM) to allow the stock to drop 3/8 pt. on 300 shs (9:50 AM 6/24). That equates to 13.6% of market cap.

The TA indicators forcast a downside move to $2.625/sh., and eventually to $2.375. All indicators are down. So until we see a pickup in volume with at least a few positive indicators, and more realistic spreads by the MM avoid this issue.

Harry
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