lcav Message Board - Msg: 3343693

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Microcap & Penny Stocks : lcav

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To: Rob J who wrote (195)	2/4/1998 7:47:00 PM
From: Manny Gugliuzza	Read Replies (2) of 942

yes. i think last year it was off a little something like 2200 %. i guess it should be better. well 5 days in a row down, but only from a sell package 20 min before the close. most of todays volume was on the buy side at 1.13. i think it was about 60K that closed it down. i was looking at the institutional holders for this stock. most are from being summit share holders. it will be interesting to see how many held these shares from last quarter and then thu this next quarter. i just posted this site at beam and you can read this info on the company page. about 10 % of the stock is held by institutional and mutual funds of the outstanding shares as of dec. 31, 1997. very quiet narrow trading day. either way i am ready for a surprise soon. this pull back has been very orderly and quite steep rebound should be 50% from low and will hopefully closed above 50 day moving averge and bring the 10 and 20 day with it this time some good fundamentals will definitely help. there are no estimates or time of announcement given because there are no analysis( real pros) following this company that i can find. this will change soon i feel once some earnings can be analysed. ar.

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