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Microcap & Penny Stocks : Netrix Corp. (NTRX) -- Ignore unavailable to you. Want to Upgrade?


To: Vincent Vega who wrote (87)1/9/2000 6:24:00 PM
From: Vincent Vega  Read Replies (2) | Respond to of 162
 
The historical numbers really are irrelevant. The numbers to focus on are the 120% YOY revenue growth expected in 2000, and the 92% YOY revenue growth expected in 2001. And the fact that the company is expected to be profitable immediately.

As far as an entry point is concerned, the 8-day EMA is sitting at 15.56, and this should provide some support. So I would look to buy at any point that it dips below 16.

On the other hand, if it pierces up through its resistance and runs a little, you may never get the chance to buy NTRX in the teens again.