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Microcap & Penny Stocks : Diamond Entertainment Corp (Previously DMEC) -- Ignore unavailable to you. Want to Upgrade?

To: ETS/316 who wrote (4490)	6/8/1999 11:01:00 PM
From: Elio Madama	Read Replies (1) \| Respond to of 6957

It's my understanding that the insider must sell with an upstick. Let's say the bid is 0.17 and the ask 0.18. Then his price must be 0.175. That means the bid won't go down at any of his/her trades. Elio

To: ETS/316 who wrote (4490)	6/8/1999 11:11:00 PM
From: Elio Madama	Respond to of 6957

analystgroup.com DIAMOND ENTMNT (OTC BB:DMEC): The stock lost 0.57% to finish at $0.174 with a light volume of 601.4 K shares, about a half of its 3-month daily average. The stock is traded on the sidelines to form a new base. During this period, buys continue to outnumber sells, though with a small margin. DMEC shows its strength as its trading was not affected by the stock market. We believe the stock continues to consolidate at this level as some people may lose patience and want to get out and new investors consider it as a buying opportunity to get in. Though the stock has not performed as quickly as we expected, we believe it's a safe bet for stock investment when the stock market is going in the direction of uncertainty in the coming months. We are hearing some very good news is on the way. Again, we invest in the stock on the basis of the fundamentals and its future growth potential. We need some major trading activity to break out the resistance for further advance. The stock is rated hold. ------------------------------------------------------------------- Copyright 1999, analystgroup.com. All rights reserved. Persons may reprint or copy any portion of this publication, provided any reprint or copy is accompanied by our web address (http: // www.analystgroup