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Microcap & Penny Stocks : lcav -- Ignore unavailable to you. Want to Upgrade?


To: Harry W. Lowe who wrote (423)6/16/1998 1:44:00 PM
From: Manny Gugliuzza  Read Replies (1) | Respond to of 942
 
Harry and all. i am encouraged by the stock price action only in light of the "apparent" general market decline (correction?).

although these smaller stocks tend to take a less direct hit from the market declines, investors and traders seemed to have held up purchases as WELL as sales. this tells me they are waiting taking no action before the " show me the money" figures come out in a few weeks.

they should show a good follow thu to the previous fundamental reports.

i would like to understand the full fundamental impact of the series B1 and B2 issues for the 10 million cash raised to pay down long term debt and secure better bank credit terms.

anyone care to share their opinions on these issues and the stock distribution, dilution etc?

Pappy ? Yosid ? you must have some read on this recent filing?

with every turn of good news summit still struggles only to get sold out. this type of wearing out process will soon end of all of these stocks and they will head higher.

even lvci is forming a near perfect upper basing flag.

the undulations that we are seeing without any real break down is still very bullish to me until i see a break below the price supports

good luck

ar.