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To: Lawrence Burg who wrote (137)4/30/1998 5:32:00 PM
From: Jim B  Respond to of 205
 
intially looking at the 4 day flat line trading pattern showing
up at 33cents... that coupled with watching trading logs and seeing
that this one hasn't dipped below that level and is showing signs
of a new support level and then add in the news and the fact that
we had a recent jump up to 62cents.. people should start to realize
that this one has some good potential and may want to take advantage
of the lower prices that we're at now...

more DD and work to do.. but looks good so far... I'd still like to
see more volume... and yes we're above moving averages.. but that
is changing... Lawrence.. lemme know what you make of things..

jim




To: Lawrence Burg who wrote (137)4/30/1998 5:46:00 PM
From: GP Kavanaugh  Read Replies (2) | Respond to of 205
 
I'm still learning the TA stuff (I probably always wil be), but in observing increased, sustained volume levels, along with the fact that a support has kept the stock above an initial linear uptrend indicator it looks like a classic uptrend is starting. It's still early to tell, but it looks like we would have to sink below 1/4 to truly end the uptrend in my book. Further, the news of debt retirement should provide for some excellent financial releases.

GP