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Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?


To: David Graham who wrote (4459)1/2/1998 3:14:00 PM
From: James Strauss  Read Replies (1) | Respond to of 4701
 
NWCI...

>>>What can you tell me about them? I don't know anything at all and am in the middle of annual inventory, short on time.<<<
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Grammy:

NWCI is New World Coffee... They run a chain of Coffee an Bagel shops...

Revenues are growing rapidly and they are on the verge of profitability... The stock just broke out from a base at 1 1/2... Now trading around 2.00... I think it will challenge its recent high in the 2 1/2 area... A close above a downsloping trendline at 2 1/4 opens up the possibility of challenging the 5.00 area after it takes out 2 1/2...

Jim



To: David Graham who wrote (4459)1/2/1998 5:06:00 PM
From: Sergio H  Read Replies (1) | Respond to of 4701
 
Grammy, the best thing about NWCI in my opinion is the execution of their expansion plan. They have just started
expanding into Germany and supermarkets. The fee that they get from each new franchise and the rate that they are expanding make this stock attractive at the present moment.

Sergio