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Gold/Mining/Energy : CDN. MOMO PUPPIES -- Ignore unavailable to you. Want to Upgrade?


To: Lola who wrote (21767)1/26/2000 11:43:00 PM
From: gordant  Respond to of 36688
 
Lola,
I'm late with a portfolio suggestion but here's one for you.

AIT,t Excerpt from Jan 24 Stockreviews.
Founded in 1973, AIT is a world leader in the delivery of software and hardware solutions for
the issuance and inspection of secure travel documents such as passports and visas.
Software/hardware also used to process airline tickets to prevent fraud and to speed-up the
passenger check-in process.
The company has strategic alliances with IBM which uses AIT's PAX Reader as the data
capture device in its self-service air-line check-in kiosks.
AIT completed successful restructuring in fiscal 1998 to concentrate on core technologies, - in
fiscal 1999, AIT achieved revenues and earnings of $13.3 million and $757,000 or $0.07 per
share, respectively.
While by most standards, today's volume was relatively modest, its was far in excess of the average for AIT. In fact,
it was the third strongest day in terms of volume during the past 12 months. More importantly, the stock began to
test its $1.05 resistance. If above average trading volumes are sustained, a breakout is likely, with the next major
resistance expected at about $1.50, a previous rally high. In late April 1999, AIT jumped from about $0.80 to as
high as $1.50 in three trading sessions on lower volume than experienced today. It should be noted that AIT's
rallies have historically been relatively short lived so investors should monitor the stock carefully and be willing to
jump on significant trading profits quickly in the event of a breakout.

Gordo