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

To: Ong Dien who wrote (16431)	10/8/1999 1:59:00 PM
From: Stock Watcher	Respond to of 52051

OD; on SVSY; all good news; chart says temp. resist. @ .80; looks like firm support @ .60; a coil may be forming; clearstation.com interesting comment from company in SEC filings: During the nine months ended May 31, 1999 our project revenues increased by $260,406 to $263,193 from $2,787 for the comparable nine-month period for the previous year, primarily because of actual and estimated manufacturing completion of projects and the sale of a PDU. Project costs for the period increased by $244,381 to $246,844, from $2,463 in the prior year's nine months as a result of the increase in revenue-generating work. Our Gross Profit, which results when Project Costs and Manufacturing Costs Not Applied are subtracted from Project Revenue, increased $32,294 to ($32,999) from ($65,293), again as a result of increased business activity. Project manufacturing costs in general are running higher than estimated due primarily to the low volume of production and the effects of integrating new designs into the product. This trend is expected to continue for the balance of the fiscal period and until economic levels of production and standardization of design are reached. considering SVSY for inclusion on INDEX #3; welcome to the thread; sw