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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: Trader J who wrote (477)11/12/1998 11:56:00 AM
From: brent gephart  Respond to of 56535
 
I just ran across this company and it has a great looking breakout chart. What do you think? The company is ASHA corp, symbol ASHA.

Here is some early DD that I found. In addition to the chart the company looks interesting. ASHA Corporation designs, develops, and markets automobiles, automobile components, and accessories. For the nine months ended 6/30/98, total revenues increased from $1.3M to $5.7M. Net income totaled $2.8M vs. a loss of $1.3M. On the 10th they reported their year end quarter. The stock started to breakout just before that and is up strong today, up 5/8 to just under $5. Their are 8.7 million outstanding with a little over 4 million in the float.

Then again I am looking for anything. Any new ideas. Probably going to take a small stab at this, still sore from IFCI.

Brent