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Technology Stocks : Enterprise Informatics -- Ignore unavailable to you. Want to Upgrade?

To: Elliot Puritz who wrote (3479)4/19/1999 2:40:00 AM
From: jackhach  Read Replies (1) | Respond to of 13797
 
The technicals continue to improve for ALTS:

60+% of basis ownership is situated between $0.639 thru $0.857 with 20% loosely scattered above and below this concentrated range. This is very encouraging for it basically means that the resistance is behind the prevailing price and no longer in front of it. Friday's higher then average trading levels confirmed this fact. The stock will now have a more difficult time breaking down through $0.857 and below. There are very few owners with basis above $0.857 anymore, and as such, there is a diminished likelihood of any rally killing.

The average owner's basis is now only $0.748.

-JH



To: Elliot Puritz who wrote (3479)4/21/1999 2:14:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 13797
 
somebody just picked up 15k shares at 1.... of course, that's not a big deal (in dollars), but it's a larger than normal purchase....at least it moved the bid/ask has moved up.


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