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Strategies & Market Trends : Lizard King's Trading Swamp -- Ignore unavailable to you. Want to Upgrade?

To: LzzrdKing who wrote (5965)	4/12/1998 1:44:00 PM
From: james r. davila	Read Replies (1) \| Respond to of 7396

I agree totally with your assessment on MIND, problem co. for now. My picks for earnings run, some are new some are old. NMGC, support at 18, major overhead past 20.25, good for couple points though. CMED, on Oberweiss newsletter, nice pullback Thursday, good entry at 8.75. LBOR sitting smacks on 50 DMA, at 28, should reverse. CTAL , broke out Thurs., looking for pullback, earnings on 4/24. OMTL, looking for reverse at 11.50, earnings due 4/15. PDSF, looks good at 9.0 ARX, looks good at 12.00 PWRH, stay away, they had lost big potential customer. Lzzrd, do you know when GICOF earnings are? As you know I really like this company, but do not want to get burned with earnings disaster. Also, just wondering what software, and service do you use for your Level II. Do you still use Brown and Co. as your Broker? I need to get that Level II to see those MM's Bid and Asks. Thanks alot jim

To: LzzrdKing who wrote (5965)	4/13/1998 11:01:00 AM
From: VALUESPEC	Read Replies (1) \| Respond to of 7396

<<Just curious with your fascination with MIND. The story sure isn't good there. It's a broken stock with many problems . . .>> Broken, but not dead. Have you been following it recently? Old downward support was at $ 12.75. It broke it, but then came up strong for multiple days until I bought @ $ 13.50 on Thursday (acutally, I would have bought below $12, but missed it). At the end of Thursday, it ended at the high for the day, which is significant on a technical basis, especially considering its recent rise. They still are making money. They are still in a business that is under great demand, and the price was hit so hard that $ 13.50 didn't seem like it held great downside risk in the very short term. I believed that most of the sellers where gone, and was wondering if someone knew something which was causing the stock to rise strongly. There are reasonable explanations for the accounting delay, though I would have sold as soon as I heard that news if I held it at that time. Overall, I would not say I am fascinated with MIND, but it has made me some nice trades. It is now $ 13.75b and $ 13.94a which means it is up again so far. More posts to help you understand why I might be cautiously interested in MIND: From Stockdoc on AOL recently: <<As I understand it the Company had some equipment leased to a company out of Singapore, who is paying more slowly since their currency was devalued and the company feels it may need to up its reserve just in case. Still paying though. So that's the bulk of the reserve for bad debt thing. Also the company had purchased a large seismic system that it expected would be lease purchased by year end. But then that company got a takeover offer and the acquirer said hold off on any purchases while we are acquiring you and we see what our combined pool of equipment looks like... not an unreasonable. So boom there went a big sale they we were counting on. But please don't make alot of unfounded scarey sounding quesses as to what else, if anything, is going on. If you have a concern call the company and have it addressed. All this negative speculations just makes a tough situation worse then it really is.>> Post from Yahoo regarding great fund managers buying MIND: messages.yahoo.com@m2.yahoo.com VALUESPEC valuespec.com