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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (6773)	7/29/1998 8:16:00 PM
From: LANCE B	Read Replies (1) \| Respond to of 25711

awte----this stock has put out 2 nice news stories in the last 2 days........i figure i will give everybody a chance to knock this stock before the bell tomorrow.... 1.company has reduced their overhead.... cut operations that had income but was not making any money(was in a major city where there was too much competition and was low balling their cost just to do business. 2.have signed major new deals that is under their new structure and are in the regions that they are consolidating their efforts to serve 3......i think in the last 2 days i have notice,this stock moves on very little to no volume......this stock has gone from .09 to .17 in only 7 trades from yesterday to this morning........so stock has many different options for investors......... I AM STILL LOOKING FOR ANY RUMORS ON SETO.....PLEASE pm me if you have anything on the sudden sell off.....

To: Joe Copia who wrote (6773)	7/29/1998 8:27:00 PM
From: majormember	Respond to of 25711

PLFM...breakout on news today...TA below...Happy investing...Skane ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ Just got caught up on all the posts since I left the office. Seems like a lot of you are a little concerned about today's action. Today was a breakout day; the stock consolidated its recent gains in a sideways pattern as opposed to retracing part of its prior up leg. This signifies accumulation, i.e. there's a floor at which price strong holders are willing to pay. Today the stock took out it's .77 closing high on VOLUME (1.something million shares). The TA types like me look for price action like today. Further, neither Dow Jones, Reuters, nor Bloomberg, to my knowledge, carried any news item on PLFM all the news that was fit to print was on YOUR THREAD! The rest of the world will find out in due time, maybe tomorrow, maybe a day or two from now..but for the time being all the street knows is that the stock broke out on volume and it's buy now, find out later. A variation of "buy the rumor, sell the news". Keep the faith, once a trend begins go with it. It is your friend.

To: Joe Copia who wrote (6773)	7/30/1998 1:31:00 AM
From: RavenCrazy	Read Replies (1) \| Respond to of 25711

Since NPCT has been discussed on Joe's board a good bit, I thought it might be helpful to post this message I just found by Kathy Knight-McConnell on the Raging Bull NPCT board. I quote Kathy: Hi Raven, yes we do have to wait for the Aug. 7 SEC filing to get the breakdown on the financing. The main thing I see is that the company needed financing to go forward with its business plan. They have that now and they have already started to put the plan in place. A JV with another company that can help them to do the manufacturing and marketing of the technology would help to get the business on track like nothing else. Also, you will note that they only took 1/2 million of the financing to date. All the people who are holding from INCE are looking for anything they can to trash the company but this is all negated by the fact that they did a financing in which they control the terms and not the institution that gave them the financing. Since we don't yet know what institution provided the financing, the offshore stuff is just plain nonsense. Based on my conversations with Paul I would not think that it was done offshore. But we won't really know until the 8K is filed. There is such a small float anyway that dilution should not be a problem for quite some time if at all. If things go well, as I expect they will, the company may not have to use very much of the financing, and they are open to negotiating a new financing that would not be convertible and just hold this financing for emergency situations. There are a lot of variables that we don't know yet. Time will tell.