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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (8495)	11/28/1997 11:02:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79352

This stock has Attitude written all over it. It wouldn't wait for Monday so here it is on Fri. Monday will be a good day for it too but sometimes a stock just up and runs whenever it damn well pleases. I won't argue with that, I'm flexible: QUESTRON TECHNOLOGY Ticker: QUST Exchange: NASDAQ Address: 200 S BROAD ST STE 800 PHILADELPHIA PA 19102 Telephone: 215-546-6200 Contact: Dominic Polimeni (561)241-5251 KCSA, New York - (Company's IR firm) Adam I. Friedman/Joseph A. Mansi/Sarah Shepard (212) 682-6300 http:// www.kcsa.com GENERAL Distributes fasteners and electronic hardware sold to electronic equipment manufacturers. Management believes that Quest has the opportunity to become a significant participant in a very fragmented industry dominated by so called "mom and pop" type operations. Management's goal is to expand the business through a combination of continued penetration of existing markets, expansion into new markets and acquisitions. The company plans to initiate a comprehensive marketing program EXECUTIVE BRIEF * RECENT ANALYST COVERAGE OCT. 31, 1997 J.W. Charles initiates coverage with a BUY recommendation projects $0.63 earnings in '97, $0.90 in '98, and a 12-month price target at $15. cob.vt.edu ies.html OCT. 28, 1997 Ladenburg Thalmann initiates coverage on Questron Technology -- Long Term Buy 12 month target of $13. multexnet.com * EARNINGS, EARNINGS EARNINGS !!! Record third quarter and nine month earnings includes the operating results of Quest Electronic for the nine months ended September 30, 1997, the operating results of Webb Distribution for the seven months ended September 30, 1997, the operating results of Integrated Material Systems, for the four months ended September 30, 1997, and the operating results of California Fasteners and Power Components for the month ended September 30, 1997 biz.yahoo.com * INSIDER BUYING QUST Management and Ladenburg Thalmann management (Corsair Parners) recently bought 13% of the outstanding Preffered shares: For the Account of: Transaction Transaction Number of Shares Price Per Share ------------------- ----------- ----------- ---------------- --------------- Corsair Partners 8/5/97 Purchase 7,900 $7.8125 Corsair Partners 9/2/97 Purchase 7,900 $8.06 Corsair Partners 9/10/97 Purchase 7,900 $7.56 Corsair Partners 9/23/97 Purchase 31,000 $7.8625 Corsair Partners 9/24/97 Purchase 31,000 $7.9819 Corsair Partners 9/25/97 Purchase 23,700 $8.2058 Corsair Partners 9/26/97 Purchase 7,950 $8.685 Corsair Partners II 8/5/97 Purchase 2,100 $7.8125 Corsair Partners II 9/2/97 Purchase 2,100 $8.06 Corsair Partners II 9/10/97 Purchase 2,100 $7.56 Corsair Partners II 9/23/97 Purchase 9,000 $7.8625 Corsair Partners II 9/24/97 Purchase 9,000 $7.9819 Corsair Partners II 9/25/97 Purchase 6,300 $8.2058 Corsair Partners II 9/26/97 Purchase 2,050 $8.685 edgar-online.com * ACQUISITIONS In September 1997, the Company acquired 100% of the issued and outstanding capital stock of California Fasteners a privately owned a fasteners and related products distribution business with locations in Anaheim, CA, San Diego, CA and Phoenix, AZ. quicken.excite.com 9231/503.htm In September 1997, the Company purchased the net operating assets of Power Components a privately owned distributor of lithium batteries. quicken.excite.com 9051/236.htm In June 1997, the Company acquired 100% of the issued and outstanding capital stock of Integrated Material Systems a privately owned distributor of fasteners based in Scottsdale, AZ. freeedgar.com d=&CompanyName=QUESTRON_TECHNOLOGY_INC&CallingPage=ViewTearSheetContent&Sour cePage=CompanyList&FrameFlag=1 On March 10, 1997, the Company acquired 100% of the stock of Comp Ware Distribution a privately owned company.Webb is a fastener and electronic hardware distribution business serving the New England market. freeedgar.com d=&CompanyName=QUESTRON_TECHNOLOGY_INC&CallingPage=ViewTearSheetContent&Sour cePage=CompanyList&FrameFlag=1 *OTHER The Company's alternative dispute resolution business was sold as of June 30, 1997. WARRANTS: Exercisable at $5.75 effective March 98 but redeemable by the Company if the common's share price remains above 8 1/2 for 20 consecutive days. quote.yahoo.com PREFERRED: Convertible into 1.4375 shares of common March 98. quote.yahoo.com

To: Doug R who wrote (8495)	11/28/1997 11:40:00 AM
From: Doug R	Read Replies (1) \| Respond to of 79352

QUST: The Chart On Wed. QUST made a small but very significant move. The price broke out of all short-term downtrends to indicate that a move to new highs is probable. After a one year fun from 1/2 to 10, a quick base here has a good inverted head and shoulders formation with a relatively steep downtrending neckline. Downtrending necklines are more easily broken to the upside and as the line is approached, a strengthening technical profile would be very positive. The Technicals The stochastics momentum indicator is intermediate bullish with a breakout occurring in the short-term SMI. The 89 day MA/MLR is not a factor here so in order to assess a break-out from a short-term pattern as a sign of continuation I use short-term MA/MLR periods. The 8 day period is just now accomplishing a positive crossover. At every other time QUST made a continuation, this indicator crossed upward and the stock rallied for 30+%. The 3 day Bollinger Bands began to open up after being compressed early in the week. The stock is starting a move up so this is supportive of expectations that the price will maintain at higher levels at least into the short-term that the 3 day BB's project to. The 377 day CCI is above +100 which suggests that QUST is also a candidate for continuation into the intermediateterm time frame although I would remain cautious considering the magnitude of advance over the previous year. The 3 day CCI just crossed +100 on Wed. which it has done frequently upon every continuation of the price. The 55 and 34 day CCI's are likely moving over +100 today. Accumulation/distribution broke out of a long-term (5 yr.) downtrend in Oct. and has continued trending up as the stock has based out for the last month and a half. Accumulation distribution exhibits a solid uptrend. Positive/negative volume is also favorable. The long term RSI (233 day) has been above 50 and is slowly trending up for the entire year of QUST's move. Short and intermediate-term RSI's are all supportive of continuation. The 89, 3, 5 stochastics have produced a knee here at a value of 70. Knees in stochastics are very positive events. This is also a value where stochastics start to show strength in price. There is plenty of room to go higher before over-bought levels are reached which would occur if the stock moved well past 12. Other periods of stochastics show that a significant move is highly likely at this time. The technical profile of QUST indicates that continuation to new highs is probable with a significant and rapid advance likely. Buy at your OWN disgression. This report by DIS is just a place to begin DD in consideration of this stock. We do not make buy or sell recommendations and this report should not be so construed.