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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (5007)4/2/2004 1:54:05 PM
From: Jibacoa  Read Replies (1) of 23958
 
Sergio: MRM has been moving in spite of not been taken off the folio.<g>

In the Dec.Q earnings showed a 125% improvement($0.16 vs. loss of $0.64) on a 47% improvement on revenues (7.8M vs. 5.3M)and I expect the 1stQ should also compare favorably with the 2003Q when earnings showed a loss of $0.14 and revenues were 6.5M

The stock had an up-gap today that will be probably closed.(I will have to check with Ken on that<g>) It is now facing the resistance from the July 2001 H at 8.10 (after making a 52wks. H today)With further good results it seems it should be able to test the June 2002 H at the 11 level.<G>

bigcharts.marketwatch.com

bigcharts.marketwatch.com

Bernard
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