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Microcap & Penny Stocks : lcav

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To: Harry W. Lowe who wrote (537)9/4/1998 8:25:00 AM
From: Manny Gugliuzza   of 942
 
Well i guess they they got the messages.

what also coincides with your post as proof is the negative momentum that built up on the stock price. if you look back at prior to this previous rise you can see that this was greater when the stock was in sharp decline and crossing 2.43 than at 1.25 several months ago although this will happen in any sharp decline this is not just going to go away and thus the follow through testing the previous lower breakout levels. at best we could expect to work back to the long term support line and then trade down along it till earnings come out again to support further rise.

i really do not expect these to setback too much when it comes to peoples personal health care. unless there is problems with procedure or upgrades that they can not perform the numbers should still be there and this is the saving grace for all stocks in this market.

thanks and good luck.

ar.
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