Replies to post #369 on Value Microcaps Motherboard

[OldPro]

dickmilde - maybe it is undiscovered

and have seen some reservations expressed based on it being Chinese company.

CXTI formed via reverse merger earlier this year (almost last year, i.e., 2004) and has traded in tight pattern for last 7 months.

Hard to believe it would break to the downside - I would be surprised. But I've been surprised before.

Much more likely it breaks upward and out of this tight range. Steady climb to around 3 would be nice - and I think possible. One thing is inevitable - it will break out of the tight range. Talking myself into buying more - LOL.

[lentinman]

Old Pro: dickmilde: CXTI:

If you look at the yearly chart on CXTI, it fits that pattern, but that is misleading because any yearly chart is gong to squeeze the movement due to the $7 price in February. Look at the 6 month chart and you won't be as convinced. It has a range of $1.50 on the high and $.90 on the low just in the last 6 weeks! That isn't the typical coiled spring. SEMI is a much better example.

I am long CXTI and expect that, unless something is seriously wrong with the company (a very real possibility given the behavior) that it should rocket up at some point. I don't know you you (Old Pro) are from our other board, but CXTI was talked about constantly there, so it isn't a mystery to at least some portion of the BB investor market.

Len

Len