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Microcap & Penny Stocks : Pen Intercom (PENC) - Ready to fly?
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To: Andrew Hunter who wrote (1)9/3/1997 10:41:00 AM
From: Plaything   of 107
 
I guess that must have been my order!!

I got into this one after yesterday's up move got my attention.
BTW, thanks for starting this thread.

What strikes me attractive here is,
1.The TA on PENC, looks like a breakout after a basing pattern.
2. The CEO's forward looking quote "Looking into the future,
Pendleton said the company was close to announcing major OEM
contracts that will firmly establish Pen Interconnect as a
high-volume manufacturer in the custom cable and EMSI markets.
He also said that new products and technologies are nearing
completion at its facilities in Salt Lake City and Orem, Utah,
and Tustin, Calif., with announcements planned before the end of
the year".

I got this from the last earnings announcement.

It looks pretty positive going from here, with most, if not all, of
the bad news out of the way. Yesterday's annoucnement is only the
first of many more coming out soon, lets hope this will boost the
stock way high!

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