OPMRF Message Board - Msg: 4111684

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Microcap & Penny Stocks : OPMRF

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To: Thean who wrote (194)	4/18/1998 8:18:00 AM
From: Thean	Read Replies (1) of 283

The suspected OPMRF's pullback on Friday happened but the volume was lower than the previous two days. I'm glad to see this pullback because now the stock has some visible and defined upper resistence at $15 - $15 1/4. IBM is supposed to report after close Monday. If there is a deal with IBM Monday should be as good a day for the news to come out as any. I'm a bit concerned about the overall market beyond the end of April since the IRA money will unwind into the market the next two weeks. My ideal scenario is the IBM deal announcement coupled with new brokerage recommendation next week moves OPMRF 20% from $15 and then profit taking sets in and OPMRF goes down to $13-$14 and form a near term pivot low.

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