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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: John Gault who wrote (10734)	10/31/1997 11:01:00 AM
From: Jack of All Trades	Read Replies (1) \| Respond to of 55532

Can you say delayed reporting? JeffG

To: John Gault who wrote (10734)	10/31/1997 11:47:00 AM
From: TLWatson59	Read Replies (1) \| Respond to of 55532

TA RMIL: Chart pattern definitely in positive mode with today's market action both price and volume wise. Potential near term attack on old high viable. The major downtrend line has been broken significantly on the move over 2.50. If an immediate attack is not forthcoming then the more bullish pattern would be for the stock to back and fill between 2.375 and 2.75. A cross over the $3.00 level could project you to at least the $5 - $6 level short term. This is strictly my personal interpretation of the technical pattern and should not be taken as an endorsement for the purchase of the stock only what the technicals indicate to me. If I personally could have developed a reliable basis for positive fundemental analysis, looking at the chart in that light I might jump in with two feet. As always I wish the best to all. TLW