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Technology Stocks : Stock Swap

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To: Trader X who wrote (161)2/19/1997 12:40:00 AM
From: Trader X   of 17305
 
I hate to mention penny stocks, but hell, shoot me. SCMS....

Forgot where I heard this stock mentioned, but I watched it
and studied it for a few days, and here goes....

Sitting at 1.00 even at today's close. Scientific Measurements.

<SMS is a publicly owned company traded on the NASD OTC bulletin board under the symbol SCMS. The company is a leader in the development and
commercialization of industrial digital radiography and computerized tomography.>

Why do I like them? Besides the pretty little chart they have? They're an Austin Co., and by golly, I'd like to do something to support my local community! :)

How's that for riveting? Nobody can argue with that kind of reasoning!

Seriously, the stock is moving up back to the 1.30-1.40 area as it trades in this range between .75 and 1.40. This isn't the bottom, but it also means it's in a solid uptrend. Can't beat that with an options straddle.

Go get'em.
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