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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Amigo Mike who wrote (3670)4/23/1998 3:44:00 AM
From: Cary C  Respond to of 29382
 
The new amigo pick DWYR and day pick SCOC...

Only made 1/4 or 5% on SCOC today but at least it was a profit. I'd be happy with 5% a day on a regular basis. Ok Ok trying to make myself feel better for not playing MAXX. lol

Real pleased with DWYR again 6 days in a row a higher low. Not a big stock when it comes to volume but all things considered, todays volume was still 6 times normal volume and the second highest volume day in the last 6.

Day High Low Close Volume

4/22 3 3/8 3 1/8 3 1/4 53.3k
4/21 3 1/2 3 3 1/4 34.5k
4/20 3 1/2 2 3/8 3 1/8 61.2k
4/17 2 1/2 2 1/4 2 1/4 2.5k
4/16 2 3/8 2 1/8 2 1/4 49.3k

We are expecting earnings to come out soon. Based on the following comment and reent price activity we expect them to be good for the first quarter.

>>Robert Tunmire, President & CEO, said ''We are extremely pleased that we have achieved our 1997 goal of returning the Company to profitability. We have now established positive momentum as we proceed into 1998 and we are well positioned for continuing the growth of our businesses.'' <<

With the Canadian agreement recnetly signed that will add Royalties and possible new revenue from additional new franchises, the company should be even stronger in 1998

biz.yahoo.com

For a breakdown of franchise fees one should read the following,

sec.yahoo.com

Cary