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

To: RCJIII who wrote (15492)	9/22/1999 7:14:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 52051

Hi RCJ. IFLO may be of interest here. After having treaded water for a few months, the chart filled a gap on Friday. Strong volume led by 3 large block buys pushed the stock to the top Bollinger Band today. Continued volume will propel the stock over the resistance at 4. Clearstation should signal green tomorrow: clearstation.com The fundamentals are excellent. -Wedbush Morgan has a short term price target of $7. Wedbush Morgan's analyst has been correct on his two previous price targets for IFLO. -Jim Oberweiss has initiated a position in IFLO in the Oberweiss Small Cap fund. You might recall that Oberweiss is one of the most successfull and respected small cap managers in the world. -IFLO is due to report in mid Oct. This earnings period will include sales from a Johnson & Johnson deal for the first time. Earning estimates have not been adequatly revised to reflect the J & J deal, so a pleasent surprise is expected. Sergio