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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (318)3/24/2002 11:10:14 PM
From: Jibacoa  Read Replies (2) of 1404
 
MMPT Performed pretty good on Friday in spite of weakening some in the afternoon.<g> It finished up 14.81% for the day on volume of 740,500

siliconinvestor.com

It was able to close above its January 18 and December 17 Hs (4.25 and 4.43 respectively)

siliconinvestor.com

And it seems to have some room to run upstairs.<g>

siliconinvestor.com

Its list of clients is pretty impressive:

Clients include Citigroup, CSFB Direct, Delta Air Lines, General Electric, General Motors, IBM, Intel, Michelin and Philips.

Year-end cash and short-term investments were $41.0 million, up from $35.8 million in 2000

The last Q net reportedly was with black ink <g> albeit only $0.02, but they have around $1.60 in cash/share.

The insiders hold 69% and the institutions which hold 29%(94% of the float)reportedly bought 1.8 M shares in the last Q.

The DOW has been outperforming the NAZ and the SP-500 lately. (I guess that isn't too much of a new news.<g> but for the last 2 or 3 weeks MMPT seems to be outperforming all those INDXs.<g>)

siliconinvestor.com

At any rate, IMHO, it seems that the R/R ratio is now favorable for MMPT, but please don't take any of the aforementioned as a recommendation to buy MMPT.

ALWAYS DO YOUR OWN D.D.

Bernard
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