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Re: KauaiPI post# 12889

Friday, 03/28/2003 9:02:42 AM

Friday, March 28, 2003 9:02:42 AM

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I see support at 2 and accumulation/distribution has been very positive since January. I think your stop loss at 2 is O.K. AMEX is different in runs as you said. Still in an uptrend since mid Feb. with up trend line support at about 2.03. Resistance is obviously at about 2.60. As far as net operating loss carryforwards are concerned, you need to see how much they have left. Some companies have a lot. Best to just contact the company and ask how much net operating loss carryforwards they have left. Accumulated deficit can sometimes give you a clue but you would have no real idea when it would expire as there is a finite life span involved.

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