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Microcap & Penny Stocks : USA Technologies
USAT 10.560.0%Nov 5 4:00 PM EST

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To: Steven M. McCaffrey who wrote (81)10/23/1997 7:11:00 AM
From: Jim Chapman  Read Replies (2) of 359
 
There are a lot of shares outstanding with this stock. This stock has been moving up very nicely. Look at a chart and you will see a lot of base building with each progressive move up. This is a great buy and hold stock for 1998. I spend a lot of time researching companys and believe that this company has a great product at the right time and it is being received very well in the market place. There will be news which will cause a price spike, but the stock will not sustain the spike until it has earnings. Meanwhile, we are setting a nice base for the next move to the .60 range. Everytime it drops back to .50 I try to buy more. I believe we will see 2.00 to 2.50 this next year and that is good appreciation for those who have enough disipline
to buy and hold.
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