California Amplifier - 2 Message Board

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Technology Stocks : California Amplifier - 2

CAMP 4.120

-3.5%

Nov 14 9:30 AM EST

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To: Luddrick M. James Jr. who wrote (1573)	4/5/1999 11:20:00 AM
From: Ms. X	Read Replies (1) of 2267

CAMP came up on one of my scans last night. I was looking for technical breakouts in stocks under 5 dollars. Normally I don't seriously look at such small stocks but this one did catch my eye. It broke a triple top, which in Point and Figure terms is bullish and a pattern that has a high probability of success, after basing in the 1 to 2.50 range. It is still out performing the market and would be considered a risky investment at this point but, it has moved out of the base which is good. I have a price objective of 6. No, I don't know when it will reach that objective. My price objectives are based on the momentum possibility of the stock, not time. Pull backs around the 2.25 and 2 area are fine. A stop of 1, that would break all near term support. I wish you all the best with this stock! Jan I am

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