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Gold/Mining/Energy : Raytec Capital (RCC.V)
RCC 24.810.0%10:49 AM EST

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To: Mr. Oil who wrote (29)3/29/1999 2:16:00 PM
From: Wiselight  Read Replies (2) of 457
 
Weekly update from juniorstocks.com on Raytec

Closed the week out at $1.15, UP $0.40 from the previous week.
CjD Opinion: "BUY ON RUMOUR, MAYBE EVEN A KEEPER ON NEWS". Internet is beginning to hum a tune on this one. Finger flapping appears to insinuate there may be a merger or technology buyout in the works. Apparently the suitor is a NASDAQ listed company trading in the $16.50 US range and is hungry for RCC's slow release, chlorine dioxide, perishable food technology.

Technical opinion: 52 week chart indicates the current share value breached it's resistance level of $1.00 to $1.10 on the close last Friday albeit on low volume. Let's see if the share value sticks in this price range for the duration of month end. Next resistance level could be in the $1.35 to $1.50 rang
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