ALDILA INC. golf shaft manufacturer; Nasdaq:"ALDA" Message Board

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Non-Tech : ALDILA INC. golf shaft manufacturer; Nasdaq:"ALDA"

ALDA 0.0500

0.0%

Dec 12 9:30 AM EST

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To: John J H Kim who wrote (194)	8/20/1997 6:33:00 PM
From: Bob Davis	of 274

The Napeague Letter has updated its in-depth Analysis of Aldila (NASDAQ:ALDA) and it has been posted to its Web Site at napeague.com. This Analysis alerted TNL subscribers that certain technical indicators are signalling a possible price rebound for ALDA. In the past, when the 14 day Stochastic Oscillator for ALDA and its moving average have both dropped below 20, and then the 14 day STO rises through its moving average, this usually signals that a strong rebound is developing. - This last took place in May of this year, signaling a 42% increase. - Before that, it occurred in October of 1996, and signalled a 61% price increase. As of the close on August 12th my charts once again showed this specific signal for ALDA, and subsequently other momentum-based indicators have confirmed the signal. However, volume-based indicators are still neutral.

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