Ken Deen's
			   THE AGGRESSIVE TRADER
			        SELL ALERT
                                                           1339 Virginia Rd.
Vol. 1, No. 72                                           Montecito, CA 93108
July 29, 1992                                                 (805) 565-2039
11:36am ET                                            CompuServe: 72020,2050


   Stock+Options Account:  No trades

   Model Portfolio:
      * SELL LCS Industries (Nasdaq: LCSI).  Today I sold 500 LCSI at 7 1/4.
        I had bought this on May 7 at 12 1/4.  See Vol.1 #45.

   Deen Earnings Surprise System:  No trades

   The DESI-3 timing system is giving a green light for July 29.


Discussion: LCS Industries

   I have been suffering a declining price in LCSI stock in the expectation
that the June 30 quarterly earnings would be strong and would give the stock
price a boost.
   I was wrong.  Earnings were reported today:  12 cents a share, down from
14 cents last year.  A big disappointment after six quarters of very strong
earnings gains, and four quarters of acceleration in the growth rate.
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