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Microcap & Penny Stocks : AVTI - Accord Semiconductor Equipment Group -- Ignore unavailable to you. Want to Upgrade?

To: Norrin Radd who wrote (48)	3/23/2000 1:57:00 PM
From: Dave Gore	Read Replies (1) \| Respond to of 92

"LONGS": PATIENT investors WIN" (posted on RB) Certainly applies to AVTI too, imo. from the KTNV board: Some examples I have witnessed in the last year or two: NUKE rewarded the patient and savvy with a maximum 5,500% return It was $1.25 in 1998, manipulated by MM's down as low as 11 cents in Dec. 1998, rebounded to $5.50 a few months ago, a 5,500% return WLGS, a stock that was manuipilated down from 40-60 cents to 15-20 cents on several occassions in 1998, all of a sudden went to $4.00 and recently hit $7.00, a 3,500% return WINR, was a $3.00 stock (twice in late 1998 and early 1999) and then manipulated and shorted by MM's down to 46 cents around Thankgiving last year, even though they were profitable like KTNV. Rebounded to $6.00, a 1300% gain in about 10 weeks. MM's hate LONGS. Pure and simple. They think that because most OTC/BB companies are questionable at best and virtually all investors are daytraders and momo players, they can "panic-buy" and "panic-sell" people in and (particularly) out of a stock anytime they want. But what messes market makers up is when LONG TERM INVESTORS find a quality company and HOLD, HOLD, HOLD, and buy every significant dip. They usually react by slowing down processing of limit buy orders, trying to walk or run down the bid (usually keeping the ask up high), or widening the spread. The good news is that if LONG TERM INVESTORS hold long enough, they will almost always let teh stock go, so that it trades fairly Examples currently are SETO and JBRD. Excellent companies that they tried to hold down for months. LONGS are finally starting to win on these two quality companies. MY OWN PERSONAL OPINION: The MM's know this is a good quality company now, and want cheap shares before the earnings report comes out. Based strictly on fundamentals (especially the so-called "breakup value" and their very low "Price to Book ratio", this deserves to be a $1.50- 2.00 stock now and $3-5 in the next few months if a couple more earnings reports show excellent progress.