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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?

To: Manny Gugliuzza who wrote (222)	3/10/1998 9:50:00 PM
From: Manny Gugliuzza	Respond to of 942

if you use the weekly charts the downtrend can be drawn from april 1997. and if you use the majority of closing points a breakout is imminent. see ya-- 2.60 should be the next real testing on the upside. a weekly close above 1.75 should trigger this. ar.

To: Manny Gugliuzza who wrote (222)	3/11/1998 4:59:00 PM
From: Harry W. Lowe	Read Replies (1) \| Respond to of 942

AR, LCAV gave a buy signal on my short term momentum indicator, and consequently moved up to $1 11/32. This was the high and close for the day at a volume of 93,000 shares. The gain for the day was $0.125 or +10.26%. My charts and indicators show the next upward resistance at $1.625, and support at today's low $1 3/15; below that at $0.93. I think that we will see a test of the overhead resistance before any significant test of the lows is made. With the increased volume on today's move, we can expect continued strength in the issue until the upside test is made. The earnings statement for LCAV is due in March, and should show improvement on a quarterly basis and year to date. Thanks for you continued interest and support of the issue. Harry