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Microcap & Penny Stocks : HIPC - up 20% (Record 4th quarter projected) -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (153)	5/10/1999 9:21:00 PM
From: Jerry Rush	Read Replies (1) \| Respond to of 213

Bruce, Wade: Thanks for the analysis. Nice to hear other viewpoints. Admire the P&F data, as this isn't something I understand. I've also noted the 50-d MA passing upwards thru the 200-d. Strong point in my mind because: ...Historically a strong indicator. Only happened about three times since 1991. So has been a reliable indicator. Like Wade's call of 1-2 months as timetable for next rally. That matches my expectation and anticipation based on Fundies. Since this qtr. is likely to only produce a penny in earnings, I wouldn't be surprised at more weakness sometime in the previously mentioned timeframe. But the strength of the oils and the streets attitude of looking six months into the future (when HIPC's numbers should be better) may not give me that additional buying opportunity. If it does, great. If not, well, I'm already long... Jerry