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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (11068)6/24/1999 10:56:00 AM
From: RCJIII  Read Replies (1) | Respond to of 52051
 
OREX is a great pick, who picked it? It has been fiercely trying to break $4 resistance for a while. It appears to be ready to break through today.

More on ECCS in a few minutes.

RCJIII



To: Stock Watcher who wrote (11068)6/24/1999 11:05:00 AM
From: RCJIII  Read Replies (1) | Respond to of 52051
 
ECCS sells data storage solutions, they are in a big uptrend. The stock flew over $1 yesterday without news. Accumulation is huge. The MMs are taking it down slightly today on mostly buying, I think it is a good opportunity to step in. I think it is headed higher.

They have about $6.50 million in the bank, very little debt.

They introduced a new product recently and logged a $1.1 million sale in early June.

Rumor has it that they are booking lots of new sales for this product yet to be announced.

RCJIII