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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: Mighty_Mezz who wrote (6928)	4/14/1998 3:50:00 PM
From: TWL	Read Replies (1) \| Respond to of 34592

off topic (MLOG) with another under $5 stock with heavy volume showing a bounce after a big slide in the share price. Look at Microlog (MLOG) The stock has traded down from over $6 over the last 3 months on a bad quarter. Management has indicated that it was a one time event and that their current quarter looks fine. After major selling there was just something like a 220,000 share buy around $3 3/4 at 3pm today and the stock has lifted. Maybe we have seen a short term bottom and we have some bottom fishers in here. In addition, 220,000 is over 5% of the co's stock and may signal someone serious about buying the stock or the company. (Even if this 220,000 is a double counted number it's still a big trade.) Who knows, but it should give the stock a boost!!!!