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

To: Jibacoa who wrote (834)	8/1/2005 10:00:25 AM
From: Jibacoa	Respond to of 1404

ALTI Opened with an upgap and traded above its July 27 H of 3.37 at 9.33AM The intraday support is now at 3.22 but it shows no sign of closing the gap as yet.<g> ALTI still has some overhead resistance with the next hurdle at the May 12 H of 3.74 bigcharts.marketwatch.com On the 1st Q revenues were up 636% to 1M and it has had sequential improvement of revenues for the last 3Qs in spite of showing gains of 1650% in the Sept.Q and 1600% in the Dec.Q compared to the 2004 results.<g> The losses have been cut only moderately so far, but are expected to be trimmed gradually ALTI has a D/E of 0.8 and around $0.50 in cash/shr. OFrom a longer term perspective it seems the stock cut get back to the $6 level if it continues with its recently reported progress.<g> bigcharts.marketwatch.com Bernard