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Ecostate

10/21/06 11:23 AM

#4139 RE: Joeiniowa #4138

jo-Thanks for yur input!!makes sense.....eom
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Waitedg

10/21/06 2:15 PM

#4140 RE: Joeiniowa #4138

Joe - Thanks from me also. I am going to study your information, and then come back later this weekend with a response. Tentative questions I may raise after study are these:

1. Does your interpretation lead you to believe that the continued channel pattern might be their way of accumulating?

2. Does this then lead to the assumption that around .38-.39 they may pull the plug thus initiating another pullback to say the .27 to .28 area?

3. At what level might they just continue to hold and add on natural market weakness? And at what level of price might an optimum target be for them in terms of their own risk/reward ratio including stock then held as well as remaining warrant rights ?

The above may be altered or removed as questions, but your interpretation deserves careful analysis. Waitedg