TEXN Message Board - Msg: 4642853

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Technology Stocks : TEXN

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To: Mike M who wrote (36)	5/29/1998 11:51:00 AM
From: Master (Hijacked)	Read Replies (2) of 55

Their accountant is working on putting out AUDITED reports for 1995-1997 by mid-June. This March news release shows the unaudited #'s: biz.yahoo.com Although in 1997 TEXN operated in the black, very rare for a penny stock, and this year is the biggie- "A surge of new orders has inundated the factory", according to their latest press release 2 weeks ago: biz.yahoo.com With TEXN being completely unpromoted, with the exception of some recent E-Mail recommendations, looks like their recent progress and .13/share earnings expectations haven't been reflected in the stock price. Recent volume shows theres a good accumulation going on in the .16-.20 range. If it breaks out could go to .40-.50 short term. Pretty big float of 9 mil, but I'm accumulating under .20 now because I get the impression that theres going to be really good news being put out after the AUDITED earnings are released in a week or two. Right now everyone is tight-lipped because it is a "quiet period". This is not one of those stocks that is going to jump up right away and run up. With the big float looks like its going to be a slow moving breakout.

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