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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?

To: b. f. who wrote (1525)	7/28/1998 1:05:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 2534

How much further could ALYA fall if it's not done falling? <The stock could fall to any level, looking at a chart will not tell you to what price an issue could fall. But if you are looking for resistance then we are at it or very close to it now.> I disagree, but but only partially. You can learn a lot from looking at a chart and understanding a little technical analysis. I don't pretend to be an expert on this subject but I have got a pretty good feel for what a stock will do in the absence of earth shattering news. So lets start here with a little information on TA: e-analytics.com Then lets take another look at the chart again to see if we can learn anything from history: dailystocks.net ALYA has only been below 50 cents a few times for just a short periods of time. Fundamentally the company has improved I see ALYA as being at risk of losing no more than 30% of it's value from here. That's if you don't believe we have reached a support level, which I do. ALYA is stuck in a narrow trading range. It may have some support below and some resistance above but I believe it will move higher from here on good news. That's enough for one post. Can you be a bit more specific about what you feel was a bookkeeping trick in the last financial release? I think you are looking too hard for reasons why the stock fell. It was overbought, pumped and dumped. Now it's time for ALYA to return to loftier levels based on improving fundamentals. Regards, Jeff