ORIOLE SYSTEMS (OOL:VSE) Message Board

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

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To: John Fairchild who wrote (17)	4/20/1998 10:55:00 PM
From: Steve Kirk	Read Replies (1) of 605

Hi John, MCC did pretty well in the intitial run although I thought it would break out Friday.. As expected with most news releases, it quickly died. The old story buy on mystery and sell on history is alive and well. I must say however that I feel the stock has significant promise over the next six months, this one I believe is a real winner with all the fundamentals to carry it. I think patience is the key to this one, I have several friends who own 40,000 a piece and they hav'nt sold yet. The broker on this play feels that the stock should crack the 2.50 mark by fall. He's pretty hi powered and ran Vector from a .10 cent play to $15.00 until the management dropped the ball and the stock fell to less than $2.00. I hear that a highly positioned executive from Bombardier recently joined MCC. This may well account for the interest from the US military as Bombardier often deals with the Canadian military. Oriole is showing all the signs of another run in the near future. With a reasonably strong support line at .39 cents and a breakout line of .48 cents it looks like a winner at the very least in the short term. Will be interesting to see the trades over the rest of the week. A TECHNICAL REVIEW OF ORIOLE SYS FOR 4/20/98 LAST DAYS TRADING VALUES Open 0.4400 High 0.4400 Low 0.4000 Close 0.4300 Immediate Situation Price volatility is within normal ranges. Expect the prices to range from 0.42 to 0.44. Watch for immediate price support in the area of 0.39. Immediate price resistance is indicated in the area of 0.48 and 0.51. Short Term Trend The short term trend is bullish. Intermediate Support and Resistance Expect intermediate price support at .32. Intermediate resistance is predicted in the area of 0.48 and 0.51. The intermediate trend is neutral. Long Term Forecast: The long term forecast is bullish. The positive strength rating is 100.00 percent and the negative strength rating is 0.00.

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