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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: jan_mike who wrote (7282)	5/22/1998 10:56:00 AM
From: Richard L. Williams	Read Replies (2) \| Respond to of 11708

How low can we go? Well, CSMA bolted up from 16&#162 last year...I don't see any reason it won't go back there. TA on small stocks is notoriously poor, but CSMA has busted every support level I could pencil in and is still southbound. I am getting the same feeling I got with other stocks after they did a stealth debenture sale. What is CSMA's burn rate? Say, $1,000,000 a quarter? They have to get money from somewhere, sure hope it wasn't a Reg.D or S. Ah, the perils of investing in non-reporting companies! Cheers! Rick