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Microcap & Penny Stocks : Advanced Encryption Technology (AETI) Goes Public w/a Bang -- Ignore unavailable to you. Want to Upgrade?


To: Ellen who wrote (225)9/28/1998 5:10:00 PM
From: Sai P. yandamuri  Respond to of 518
 
Well, We had 2nd best volume since AETI began trading and stock closed at 78 cents with a 14% increase for the day. 90% of the trades are buys today and I expect buying to continue tomorrow. Although stock went up nearly 50% in the past 5 trading days, Stock price has been nowhere near to its $3 range when this lawsuit hit the company, 4 months ago. IMO fundamentals are much stronger relative to 4 months ago. Just based on today's lawsuit dismissal news, stock should be trading atleast $1 and IMO we will get there by the end of this week. Personally I like these 5, 10 may be 15% increases gradually rather than a 50% increase in one-day.