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Microcap & Penny Stocks : All American Semiconductor (semi) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Tang who wrote (703)	5/29/1998 10:40:00 AM
From: J. M. Burr	Read Replies (1) \| Respond to of 952

The first indication that this stock seemed ready to move occurred in the week of April 13-17. There was a terrific one day surge and for the week buy/sell was greatly above normal. I thought at the time that it was institutional buying and the purchasor had pegged its minimal valuation at $2. The stock then plunged and dropped to about 1.5 in the first week of May. I asked myself what was going on. Had some wiseguy outsmarted himself? Unlikely. As the stock slowly moved upward I began to buy and expect that the stock will hit $2 shortly, and then move in the direction that the wiseguys who played the stock during the April 13-17 period assumed. Yes, I know, given the history of this stock it is just as likely that it will drop to 1.5, but like most who know the history of SEMI its present price is greatly undervalued. Tumbleweed.

To: Arthur Tang who wrote (703)	5/29/1998 11:26:00 AM
From: Arthur Tang	Read Replies (1) \| Respond to of 952

Technical analysis: On Yahoo big one day chart this morning, several large blocks(up to 40,000 shares) traded (overbought) and the price retreated. On the Yahoo one year chart, if this move breaks out of the $2 resistance level; then, if it establishes an upward slope in the next month, some institutional buy program may be in the works. And if SEC 13 D/A is filed or confirmed else where, then we are in the money. Otherwise, it is just another flash in the pan.