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To: Kim who wrote (2268)2/13/1998 11:34:00 AM
From: James Strauss  Respond to of 2377
 
NWCI...

>>>Jim, whats up with NWCI Is it time to sell?<<<
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Kim:

NWCI broke key support in the 1 1/2 area to the downside... It is now sitting on 1 1/4 support... A break of this area takes it down to 1.00...

What to do?
*************
I don't see any fundamental change in the company... Perhaps they are not opening locations fast enough for some investors/traders...

Stochastics says it's oversold... So, here are your options...

1. Decide whether or not you believe in their long term growth prospects...

If you don't... Consider biting the bullet now and selling, or waiting for a bounce to the 1 1/2 area and sell...

If you do... Start accumulating more shares at these lower prices, but be prepared to wait a while for a rebound... It appears that investors are now in a "Show Me" mode...

Jim