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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.914-3.2%Jan 15 3:59 PM EST

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To: kili who wrote (382)8/16/1997 8:33:00 PM
From: OldHack   of 7721
 
Kim. MVIS continues to amaze me the way it can run up on so little definitive info. I would like to see an indication the techology is commercially viable before I buy back in. Unfortunately, that will probably mean paying a higher price than I'd like.

I don't really know where the good market mavens are lurking. I personally watch CNBC which may not fit your schedule, and check in with the Motley Fool.

As for next week (in the spirit of purely guessing), there might be a couple of possible scenarios.

1. Monday. A further slide. Tue. No raise in interest rates confirming recent economic data was pretty good. Tue or Wed. Settlement of the UPS strike on level terms. Thu. or Fri. Liftoff!

2. In this jittery market, fund managers and big players are probably trying to decide whether to stay committed to stocks or to convert to bonds or cash. They must be reading every last tea leaf trying to forecast the future. In that environment, most would probably opt for safety thereby reducing cash flow into the market. In that scenario one might expect next week to be a continuation of a fairly decent sized market correction.

Someone on another thread just said there is no need to rush in to buy stocks until any correction runs its course. Pretty darn good advice!

Got wound up. Guess it's because I enjoy you all's company. Sorry.
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