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To: Ernest K Brandt who wrote (875)9/21/1998 11:18:00 AM
From: Jack Ucci  Read Replies (1) | Respond to of 898
 
The daily chart since the June burst through 6 when it served as support for a little more than two weeks shows 6 as resistance. Moreover the chart is now in decline with lower highs (6, 5 7/8) and lower lows (5 1/4, 5, 4 7/8). During this time we have had an ER of a loss and an assertion that profitability was coming within a year; also their strategy of growing by acquisition would continue. But there hasn't been any positive news releases in quite a while. Surging through 6 without some dramatic developments would seem unlikely.

Jack