Ergobilt (ERGB) - Ergonomic Chairs Message Board

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Biotech / Medical : Ergobilt (ERGB) - Ergonomic Chairs

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To: Ernest Nycz who wrote (730)	3/3/1998 1:46:00 PM
From: Jim Patterson	Read Replies (1) of 900

The stock needs some real quite time. Base building that is. As for support and Reistance, Call it $6 +- 1/4 As for the rest of TA, On stocks under $10-12 it is not the most reliable thing. Especialy with a market cap of only 34 million. The big volume, 432K /2.5 = 175 K shares probably really changed hands. Was that shorts covering, or new buyers ? Time will tell, at anyrate, some one that wanted out is now out and some one that wanted in is now in. I hope the new folks have a good time. Date for 4 th Q results ? I would guess late in the month ? Jim

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