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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE)

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To: G who wrote (10)4/19/1998 4:43:00 PM
From: Steve Kirk  Read Replies (1) of 605
 
Hi G,
It's hard to say but if they have a solid product I think we can count on the stock doing very well in the next six months or so if not sooner. The stock appears to be consolidating in the .40 to .50 range after which time a move toward the eighty to ninety cent range would be expected. The stock pattern appears to be following a classic pattern which usually consists of five major upward waves with small corrections occurring between these waves. These are referred to as Elliote waves. The stock price should increase an average of 40% to 50% during each wave, this could give us a peak of about $2.50 before the stock takes one of two courses, a major correction (usually seen in resource based or mining stocks) or a medium term ranging motion which would see the stock fluctuate between $1.80 and 2.40 before moving upward rapidly.

Have a look at another Y2K company called Group West which started out around the same price range and which recently trades in the nine dollar range.
With the great opportunities that exist in this market rapid upward and sustained motion is very probable.

Cheers,
Steve Kirk
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