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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: Turboe who wrote (4411)	6/14/1998 2:09:00 PM
From: CountofMoneyCristo	Read Replies (1) of 12617

Tomorrow morning, look for ELCC to make a big move. Up over 70% on huge volume of over 6 million shares (2.6 million float) at 17/32 Friday, it will be on the receiving end of a Day Traders Online upgrade before the open, with a price target of 6. ELCC holds several valuable FCC telecommunication licenses and traded 3 in late February. It is at the low end of its recent range. What makes this stock very interesting, and a possible grand-slam home-run on the heels of the upgrade is the fact that the axe in this stock is very controversial, under investigation by the Feds, and thus likely to allow this stock to run up quickly in an attempt to show them what a good, scrupulous fellow he is.

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