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Microcap & Penny Stocks : Generation Entertainment (GNEN, GNEND)
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To: IRVINESULLY who wrote (331)1/6/1999 12:17:00 AM
From: J. Nelson  Read Replies (1) of 1431
 
Hi again, I was going to call and think I will wait till Monday. FWIW, from 12/04 to 1/07 vol. 21,1811,800
Hmmmmm. tell ya sompin? the high trade was .75 with a low trade of .27 cents. That is very good IMO.

This will be a little better as it seems that my computer program comes up with a moving avg for the
past 10 trade days of low side .46 cents and the high side of .58 this range is supported by the volume.
The closing average is at .492 that supports the opening average of .539 thus the open of .70 today.

This was a supprize to me as the key indicatior I use is the M.A. of the opens. With the open above
the closing average and strong volume coming into a penney, I have found that support comes on
strong as the move expands. This move is just starting and the big moves should come into the
next 2 to 4.5 weeks ahead. The only thing that kills a move is shorts and there around yet not
into the issue IMO. If they are it's going to the range where everyone will become very happy.

Well that is just MO. on the read the fall of 98' was the key as much research into strong firms
came into play. The trend into 99' will show IMO. that small caps have trended to outperform large
caps over extended periods of time and this may provide GNEN a renewed preformance in the small
cap market during 1999.
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