lcav Message Board - Msg: 2988789

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Microcap & Penny Stocks : lcav

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To: Cisco who wrote (113)	12/17/1997 1:00:00 PM
From: Harry W. Lowe	Read Replies (1) of 942

Cisco, I've just printed copies of the LCAV news releases provided by Manny post #115. From a cursory reading, it does'nt look like the company is going out of business. In which case the stock could recover, how and when is the question. From a technical perspective, this sudden downward price movement was not projected by past price and volume activity. It happened all of the sudden, and without warning. Concerning, "how much lower can the stock go?" From today's activity, there seems to be some buying activity in the issue. As for the TA indicators, the price has gone down to the lower limits of price projection. After today's close I'll take another look and post my analysis. Harry

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