CHANCELLOR CORP (CHLR) $.56 EXTREMELY UNDERVALUED Message Board

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Microcap & Penny Stocks : CHANCELLOR CORP (CHLR) $.56 EXTREMELY UNDERVALUED

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To: flyintigress who wrote (20)	5/14/1999 11:10:00 PM
From: Bill McCabe	of 55

Check out www.chancellorcorp.com I was impressed with the Board of Directors, sudden growth, marketing, list of clients, list of creditors, and their web site was professionally done. To increase sales from $700K to $13M is amazing. Perhaps the ticker symbol should be CHLR.COM. In looking at the charts it appears there was heavy accumulation back in February and again at the end of March at a price of .50 so I doubt if we will retreat back to that level. The stochastics chart indicated the price was ready to rise starting Friday 5/7 and it was confirmed on Wednesday by both stochastics and MACD. With the price increase Thursday and 105K shares traded followed with Friday with 35,200 traded and a close at .625? I know that there were only 3 small sells and all the rest buys at .70 & .71. The last trade of the day was only 200 shares at the low for the day. To me this means someone wanted the stock to appear weak. IMO there will continue to be news releases as Chancellor continues to produce unbelievable growth in sales & earnings. Bill McCabe

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