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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: hx4 who wrote (10643)12/23/2002 6:00:27 AM
From: Al Collard   of 11802
 
Hi Harry,

Your in with IW-t @$ .25 for 40,0-00 shares.

Chart for Infowave Software, Inc:

stockcharts.com[w,a]dacaniay[dc][pc20!b50!f][vc60][iLa12,26,9!Ll14]&pref=G

From the chart of IW we can see the stock tested the resistance of it's 50MA on Friday but closed at it's low of the day. The volume has been tapering off as well as the share price as the stock is apparently into a consolidation phase. Would need to see a clean break of the 50MA before jumping back into this one. (Hold)

Good luck with this pick,
Al
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