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Strategies & Market Trends : CXI-Commodore Environmental -- Ignore unavailable to you. Want to Upgrade?


To: hcm1943 who wrote (859)5/20/1998 1:37:00 AM
From: Lawrence Burg  Read Replies (1) | Respond to of 1755
 
More Voodoo. Looking for the end of the week for the charts to be OS again. Man was today ugly. Off 12+%. Intraday shows a lot of support around 2 5/8. Wonder if the 2:45 PM blocks (15k & 10K) are Dreyfus selling.




To: hcm1943 who wrote (859)5/20/1998 1:50:00 AM
From: Russel W. Kennel  Read Replies (1) | Respond to of 1755
 
Per call to Melissa today. No more financing needed until revenue flow, so no more convertibles or dilution. Expecting the June demo program to provide the needed cash until real revenue. Also, affirmed sales efforts to private enterprise.

Incidentally, is the market going to make a penny stock out of this for a short period of time? The stock is approaching the old warrant values, so, may as well buy the stock. The last time, I had about the same percentage increase from the lows as warrants.

Russ