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Strategies & Market Trends : Charts on Near Term Uotrends -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (545)2/16/2003 4:25:47 PM
From: Jibacoa  Respond to of 1404
 
NETME Seems to have found support at the 1.75 level.<g>

It was up 6.08% on Friday on a volume of 13K (A little more than half its daily average.)

On Wednesday it reported its 4th Q revenue and earnings.

The revenue for the 4th Q was $16.5M, an 18% increase over $14.0M in the 3rd Q, but a 15% decrease from $19.5M on the 4th Q in 2001.

The 4th Q loss was $6.3M ($0.72/share)which included an "asset impairment charge" of $5.6M million.That was less than the loss of $11.3M ($1.28/share)in the 3rdQ which included a charge of $4.6M but more than the loss of $195,000 ($0.02/shaer)in the 4th Q in 2001.

siliconinvestor.com

The stock needs to close above its Feb.6 H of 2.15 before it can test the Jan.20-Jan.21 double top at 2.75

siliconinvestor.com

The stock has been trading around 0.7 of book and 0.3 of sales and below its reported cash/share of $3.20, but the insiders and institutions have been selling.<g>

Bernard