Aware, Inc. - Hot or cold IPO? Message Board

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Technology Stocks : Aware, Inc. - Hot or cold IPO?

AWRE 2.420

+3.0%

Nov 14 9:30 AM EST

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To: Joseph Colombo who wrote (2644)	2/3/1998 6:04:00 PM
From: Bull Alldway	Read Replies (1) of 9236

Thought I'd voice an opinion with regard to AWRE. It seems to me that the stock is setting itself up to retest its previous high of 15 7/8 set about a week ago. The stock ran into heavy profit taking following that run up, but has since settled out. A period of accumulation is becoming apparent having maintained the 200 day MA. I look for the stock to head toward the $16 area within the next two weeks and hopefully close above it's previous high; thereby, confirming a breakout, as I see it developing. A stock such as this, I play purely from a technical point of view, as the fundamentals are yet to be determined (i.e. $$$$, contracts, partners, etc.). The trend in my opinion is UP and target price based on the supposed competition has got to be in the $20-$25 range. But as always these are just my opinions. GOOD LUCK TO YOU ALL!

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