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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (15668)6/3/1999 7:15:00 PM
From: scouser  Read Replies (1) | Respond to of 29382
 
Amigo, I looked at RSIS last night , they are a videoconference equipment company, and are only involved in the high quality and mid priced market. They use ISDN lines to connect remote conferencees and use stand alone equipment- no PC's. I remember these things were 6 figures not so long ago and now they are $14,000. Using ISDN lines is where the quality comes in , and they can bond up to 3 ISDN lines giving exceptional quality. ISDN lines should be the price of 2 reg dial tone lines in most areas and conform to the same toll free areas, and they have an international standard, BRI, so the quality will be the same from and to any country that has a digital phone network.
I notice the last two years it has doubled the latter part of June going into early july, so if it repeats , that would be $3.5- $4 within 4 weeks. The 2 year/weekly W% on bigcharts wil have crossed the -50today , which is usually a sign of a spike coming.
All signs now point up , except for stochastic.http://www.iqc.com/chart/multichart.asp?w=600&period=120&time=day&chart=bar&chart1=ma&i0=6&i1=2&i2=3&i3=4&s=linear&symbols=RSIS
I would agree , it's just left bottom. It' may have a some resistance at $2.5, there was a ton of selling today when it got there. Also there may have been some sell on news today.
Scouser