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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: John McCarthy who wrote (42)11/28/1999 11:50:00 PM
From: Jibacoa  Respond to of 1404
 
JOHN:

SCKT: The stock did well last week. The price went up 24.64% on Friday on volume of 383,100 to close at 5 3/8

As you know the news of their digital phone card for the European market and their deal with microsoft came last Monday. That subject of digital phone cards has been a "hot" one. Just look at Ariel Com. (ADSP) on Thursday and Friday.

On SCKT there has been substantial insider selling all through the Summer (July, AUg & SEP)at the $0.90 level. They have only about $400,000 in cash and their last quarter loss although less than previously was still more than $300,000

You can expect a lot of volatility here, but you never know the way things go these days. If it can close above the earlier H last week around 6 3/8 on high volume there may be a good "spike"

By the way they also trade on the Pacific Exchange under SOK

Bernard