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Technology Stocks : OCCF: Optical Cable Corp

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To: THE HEDGE who wrote (377)2/15/1997 11:38:00 AM
From: PHIL L. FARRA   of 545
 
The Hedge:

I believe Judith just made a very valid point. This stock has been sleeping for some time, and it took a few buyers in there to wake it up. There are many short term buyers out there just waiting for a sleeper to start to move, and when they see this happen, they also jump in causing more activity. Now if we can only convince these short term buyers to stick around for the HUGE SQUEEZE ON THE SHORTERS, this momentum should not stop until the upper 20's to 30 and all the shorters are clear. Long term holders at this point should create a stable base with steady upward trends based on a very strong growing company. First quarter earnings should be released soon, and from previous earnings one can only expect another record report.

Phil
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