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Strategies & Market Trends : Value Investing

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To: Bob Rudd who wrote (15300)	8/22/2002 4:43:09 PM
From: sjemmeri	Read Replies (1) of 78735

Bob, I tend to believe the briefing.com explanation below. I think the recent rally went far enough to encourage people to pump some money into these stocks to squeeze the shorts. steve 14:15 ET HAND +16% and PALM +21% are latest penny stocks to find a bid : 11:20 ET Momentum Watch : Yesterday we commented on the return of speculators to penny stocks. Highlighted yesterday were ERICY (up another 24% today), NT (+11% today), ITWO (unch today), OPWV (+7.5% today), and BRW (+24.7% today). Notable gainers today include LGTO (+19%), MXT (+20%), TMPW (+20%), CCI (+16%), PWR (+15%), GLW (+14.5%), LU (+13%), ELN (+6%).

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