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Strategies & Market Trends : Jimmy's Option Pit and Undervalued Stocks -- Ignore unavailable to you. Want to Upgrade?


To: jimmy who wrote (40)7/24/1999 7:18:00 PM
From: jimmy  Read Replies (1) | Respond to of 47
 
USTI United Systems Technology (.0725-.08), spread is narrowing. This
suggests to me that MM are luring sellers by tightening the bid and ask. Don't
fall for their tricks. I haven't seen this low of a spread for 2 months now. I
would definately place a limit order of 8 cents. I can do this with an Etrade
account, don't know about any other brokers. Let me know if you guys are
successful with other brokers (jungster@ragingbull.com).

USTI For the three months ended 3/99, total revenues increased 41% to $517
thousand.

Running rate is ~ 2 million dollars for fiscal year 99, looks good for a company
only worth 3.4 million dollars. this company should be worth at least 8-9
million. Which gives .25 stock price.

USTI earnings, are due out in Aug 13, 1999, that's 3 weeks from now. Last
quarter they earned ~100K, eps of nil based on 48 million shares outstanding.
CEO said company is growing and revenues are increasing. We'll see in three
weeks. I love to see 1 - 2 cents per share.

This stock is a STRONG BUY, and good stock to accumulate till AUG 13,
1999.



another stock worth watching is CLSI Clancey Systems only .025/ shares OS
398 million Float 138 million

Internet permit plays, growing contracts Will research more before buying, put
on watch list!!!

If any of you would like me to add you on my personal email list email me at
jungster@ragingbull.com

jimmy