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


To: Bill Fortune III who wrote (465)8/10/2001 1:23:45 PM
From: Fundamentls  Read Replies (1) | Respond to of 542
 
Don't forget that the next years' EPS will be about 11% stronger even at the same earnings level because of the share buyback.

Note that LPAC is sitting right at the pivot point of a cup & handle formation (at 3.92 as I write this). If it breaks through on volume, it will likely run to at least the next resistance level (around 5), and I wouldn't be surprised to see it go further.

If it doesn't, then we should see some retracement to the 3.25-3.50 range, i suspect, before the next push.

Regards,
Fund