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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: bobby is sleepless in seattle who wrote (386)	12/14/2000 12:32:40 AM
From: .Trev	Read Replies (1) \| Respond to of 5732

Guess I didn't express myself too well. I'm only just starting to have a glimmer of understanding the TA, and really do have trouble recognizing the formations. I was hoping you might have a moment to confirm or revise my understanding of what's happening with NMTC as I got the impression it might just be getting started. What do you think??? Not looking to add to your stress level but........... TIA

To: bobby is sleepless in seattle who wrote (386)	12/14/2000 1:29:22 AM
From: .Trev	Respond to of 5732

Bobby: Just spent a bit more time digging for info on this one, and concluded that at the right time and place and price it might very well justify a buy and hold. But NOW just two weeks before their year end I don't see much probability they've worked a miracle and made money so I expect a warning and a better buying oportunity in the future. I don't subscribe to the notion that sales volume increases mean didley in terms of justification for buying. If you're making a loss on every order you can't make up for it with extra volume. With only 30MM shares outstanding it might be worth watching, but it also might mean they'll need additional funding before long. Couldn't see how much money they have left. Cheers