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Microcap & Penny Stocks : lcav

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To: Harry W. Lowe who wrote (260)4/17/1998 7:39:00 PM
From: Manny Gugliuzza  Read Replies (1) of 942
 
WOW*********

seven days in the 2$ arena. i knew there would not be much time spent here but is this adequate?

from the previous support in april 97 at 4.25 and resistance at the same from july to september had to take a little off the table here.

looking to buy back that at 2.75-3.00 unless huge follow thu and break above 4.5.

if technicals reset here then base may form for the right side of the reverse head and shoulders.

most of the short term pull backs have had good triangulations.

never the less this has been one hell of a ride from .80-.90 cents
congrats to all who have seen this thu is in order.

i think it is summit riding the skirts of lcav now for their value.
what is it? about a 1.25 for the stock held reflected in the price of beam.

with that due date in a month i will become more cautious near term because of other holdings by the Joffe's.

hopefully get a follow thu to this weeks trading.

ar.
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