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Microcap & Penny Stocks : Microvision (MVIS) -- Ignore unavailable to you. Want to Upgrade?

To: JDN who wrote (4552)	4/13/2000 9:45:00 AM
From: Zeev Hed	Respond to of 7720

If we enter a bear market, the NAZ could be priced at a PE of under 20, right now even with the "screwed up" calculations the PE is above 60. Draw your own conclusions. Zeev

To: JDN who wrote (4552)	4/13/2000 9:57:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 7720

By the way, I just sold MVIS at $38. It reached the point of Max pains, more than 20% down. If it breaks last Tuesday's low of $36 today, the stock could go all the way down back to $16 in a matter of six months or so. First stop, probably around $30, next at around $22-$24 and then the last drop. Sorry, I do not make the stock move, I just look at the chart and try and see what is going on. I thought that the $40 to $54 area would hold because of the major investment by GE and CREE, but sometimes the market in general brings all ships down. Zeev