Re: [CANSLIM] pwav

From: "Maria McAdams" <mlmcadams@earthlink.net>
Subject: Re: [CANSLIM] pwav
Date: Thu, 10 Jul 2003 20:04:23 -0500

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I have just noticed @ Yahoo Finance that PWAV posted second-quarter loss and
was down (0.263-3.40%) after hours. Good luck, I need it myself!
MLMcAdams
- ----- Original Message ----- 
From: "Pritish Shah" <pshah@lason.com>
To: <michael_niemotka@baxter.com>; <canslim@lists.xmission.com>
Sent: Thursday, July 10, 2003 2:29 PM
Subject: Re: [CANSLIM] pwav


Michael,

This could be a setup for 1-2-3 breakout. Yesterday, the volume was
7million+, today, it looks like it is going to be 4.5m, if tomorrow, the
volume goes down to 3 and then on Monday it goes to 2 or 1, it could be a
setup for a 123 breakout momentum play as long as it does not fall below
$6.96.

IMO,
Pritish



>>> michael_niemotka@baxter.com 07/10/03 03:04PM >>>
I  notice  that today, this stock has pulled back sharply (as the general
market is taking it's lumps) on higher than ave volume, near the bo. price.

Does this give a second chance to enter?

Personally I would say no, since it has pulled back on high volume .





Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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