To: 2MAR$ who wrote (13585 ) 8/7/1999 6:30:00 AM From: Tradenride Respond to of 108040
Analyst Group Update, QPRC.... Daily Stock Review QUEST PRODUCTS (OTC BB: QPRC): The stock was soaring to $0.084 in the morning before it retreated and consolidated at $0.063 to finish up 26%. QPRC staged the second day of a solid run closing up, a gain of almost 100% over our entry price between $0.03 to $0.035. Trading was heavy and initiated a solid run of 1,236 trades averaging 26,000 share blocks totaling 32,400,100 shares. Technically, QPRC trading has been very similar to STRU at a time when STRU was traded under $0.10 right before it exploded over $0.50. Trending continued from Thursday with solid buying up to the $0.08 level where the first significant sign of profit taking took place. Investors/Traders took advantage of the initial retreat from the $0.06 level and traded small spreads and eventually sold out for the weekend allowing QPRC to establish a solid base at the $0.06 level. The majority of buying prior to heavy day trade participation ranged between $0.05 to $0.08 and the stock's level displays an additional entry opportunity for both short-term and long-term investors to position accordingly before company's developments, including the release of new products, the launch of new e-commerce site and the signing of some major contracts, become public in the coming weeks. We believe the majority of recently bought shares remains in strong hands and any additional buying could trigger another spurt of day trading with any retreat should the stock penetrate the $0.10 level on Monday. Investor sentiment is extremely positive with many Internet investment groups regarding the potential of the company. QPRC is rated a continual hold with strong prospects of continual development and progress. Additional Internet investment club participation is expected next week! ---------------------------------------------------------------------- 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.com).