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Microcap & Penny Stocks : NETZ - gets deal with DEC! future 100 bagger? -- Ignore unavailable to you. Want to Upgrade?

To: Theo who wrote (1623)	12/31/1997 6:57:00 PM
From: papa bear	Read Replies (1) \| Respond to of 1702

Hi Theo, Thanx for the response. This one is real tough for me to do TA on since I can't get a chart from TC2000, my database. After TC, I use Windows on Wall St. Since I can't can't get any chart, though (it's not in their database yet), the only thing I've done so far is load the daily closing price data into usoft Excel and do the 10 and 30-day moving averages and the linear regression (and corresponding channels). Based on the upper channel line, I see a potential to about $0.40 on this run, if the stock plays the channel and goes to the upper end of it. Now the caveats!!!: it's a new stock, so TA history is non-existent - the stock can violate these premises all over the place! Also, the channel is still going in a negative direction. So, despite all of the expected upward movement, it could still test the bottom of the channel, which is really about $0.10!!! The biggest caveat: this is all MY interpretation and MHO - don't buy or sell based on my TA - let me lose money all by myself!!!! Back to the positive side: if the stock breaks through the upper channel band decisively, it could be in for a real run!! I agree with an earlier poster (I think tahoeman) who said that the next few days should be really exciting!!! Enjoy the bubbly!!! rm