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Strategies & Market Trends : Water! Water! Everywhere and Not a Drop To Drink! -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (87)	5/30/1999 2:36:00 PM
From: Arthur Radley	Respond to of 336

Old news for us but further exposure for SDIX as the RedChip Review has a large following and this information is being sent out today(May30) to their subscribers. We might get further positive action from this news on Tuesday. I might add that the RedChip review issued a report on 3.23.99 in which they predicted 1Q revenue of $3,250,000 and a loss of .02 cents. As we know now, they blew through this revenue projection by over 20% and actual loss was less(considering the one time non-cash right off) and would have been a positive earnings quarter. redchip.com

To: Wade who wrote (87)	5/30/1999 10:53:00 PM
From: big guy	Read Replies (2) \| Respond to of 336

I've been thinking about that last pop we just had Wade. I think its pretty safe to say the action was induced.I don't know if it was the market makers or an individual but someone moved it. There wasn't any news to excite the small investor into taking a position. And someone trying to take a larger position wouldn't be that naive to run the price up on themselves like that. The speed in which it fell leads me to believe that after pushing the price up they got cold feet because of the general market weakness and made a hasty exit. Now we returned to our base were they will accumulate shares until its time for the next run. This bouncing should continue in this range give or take a little until Waterlink comes out with some news to take the range higher or lower. Judging by the speed at which they took it up there isn't much immediate upside resistance. And from were it stopped on the way down support at this level is good. If they hit there fiscal year 99 earnings number at the current price WLK will have a PE of 10. I like the potential upside in this stock. And the downside risk although there I am very comfortable with. What are you doing sitting on the computer this beautiful holiday weekend? Catch ya later Big Guy