lcav Message Board - Msg: 5655547

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Microcap & Penny Stocks : lcav

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To: Harry W. Lowe who wrote (528)	9/2/1998 3:59:00 PM
From: Harry W. Lowe	of 942

To All, The short term activity in LCAV for the last few days and today has been impressive, but the intermediate and long term trends are still down. Both short term stochastic and momentum indicators are forming a double bottom or 'W' pattern. It is possible on a near term basis to see the stock price move up to $2.00, but this possible rise in price will be short lived. I am still looking for a retest of $1.0625 and possibly $0.875 before this stock goes into a basing period (accumulation). This issue has a lot of loyal followers all willing to buy at what they believe to be the bottom of the price decrease. However, now is not the time for entry in LCAV. Harry

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