Mooney President J. Nelson Happy remarked: "We are very pleased with the company's sales and deliveries in 2003. It exceeds our expectations, and reflects the hard work that all of our employees put into restarting the company."

Sam Rothman, chairman of Mooney's board, stated: "We accomplished a great deal in 2003. We went from a production rate of one airplane per month to about five per month. We are now well positioned to increase production in 2004. We have proven that the company is back in business and ready to resume normal operations this year."

Nicolas Chabbert, executive vice president of marketing and sales for Mooney, stated: "In 2003 we re-established the confidence with our customers and we were able to sell an increased number of airplanes toward the later part of the year to traditional Mooney buyers. Our new airplanes were built to the highest quality standard in Mooney's 50-year-history. In 2004 we expect a number of important technological advances that will put Mooney at the cutting edge of general aviation technology. We also expect to increase sales to about 80 airplanes for the year."

Mr. Happy commented: "We expect to re-enter the international market with substantially increased sales in 2004 to take advantage of the favorable exchange rate which now exists, especially in Europe. We are optimistic about the company's opportunities thoughout the world."

Mooney Aerospace Group Ltd. is a general aviation holding company that owns Mooney Airplane Co., located in Kerrville, Texas. Mooney currently sells three models; the highest performing four-place single engine piston powered aircraft, the Bravo DX, and its stablemates, the highly rated Ovation2 DX and the economical Ovation. Mooney is celebrating its 50th anniversary in Kerrville, Texas, this year, where it has manufactured more than 10,000 aircraft that have been delivered worldwide. Complete information about Mooney aircraft is available at www.Mooney.com. ( http://www.Mooney.com).

This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 (the "Act"). In particular, when used in the preceding discussion, the words "plan," "confidant that," "believe," "scheduled," "expect" or "intend to," and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Act and are subject to the safe harbor created by the Act. Such statements are subject to certain risks and uncertainties and actual results could differ materially from those expressed in any of the forward-looking statements. Such risks and uncertainties include, but are not limited to, market conditions, the availability of components and successful production of the Company's products, general acceptance of the Company's products and technologies, competitive factors, timing and other risks described in the Company's SEC reports and filings.

SOURCE: Mooney Airplane Co.

COULD YOU ALL PLEASE DO A LITTLE DUE AND GIVE OPINIONS?? THANKS FOR YOUR HELP.

[/B][/QUOTE]

MASG - MOONEY AEROSPACE (OTCBB)
Date Open High Low Last Change Volume % Change
01/27/04 0.0230 0.0235 0.0230 0.0230 +0.0025 4554630 +12.20%

Composite Indicator
Trend Spotter (TM) Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Hold
20 - 50 Day MACD Oscillator Hold
20 Day Bollinger Bands Hold

Short Term Indicators Average: 20% - Buy
20-Day Average Volume - 3977800

Medium Term Indicators
40 Day Commodity Channel Index Hold
50 Day Moving Average vs Price Hold
20 - 100 Day MACD Oscillator Hold
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 7128380

Long Term Indicators
60 Day Commodity Channel Index Hold
100 Day Moving Average vs Price Hold
50 - 100 Day MACD Oscillator Hold

Long Term Indicators Average: - Hold
100-Day Average Volume - 5493335

Overall Average: 24% - Buy

Price Support Pivot Point Resistance

0.02 0.02 0.02 0.02

quote:

---

Originally posted by butwhyowhy:
I grabbed it for .023 at the begining of the day when i saw it's volume spike. it's been hovering at .025 ...it's got a lot of volume and a lot of individual trades but can't seem to shake .0245 - .025

hoping it can climb a little higher.

---

I MADE A NICE 30% RETURN ON A 5 DAY SWING.
.019 BUY IN. WAS GOING TO HOLD SOME SHARES BUT STARTED FALLING FAST AND I BAILED.

LIKE ENCU JUST HAS TO SHAKE THE BANKRUPCY.

I AM SURPRISED THE STOCK DID NOT DO BETTER AT THE CLOSE. VOLUME NICE.

OPINIONS??

quote:

---

Originally posted by Fallstaff:
Def good news. But maybe people aren't getting too excited yet. Total assets 17.5 million total liabilities 63 million. Also, not too sure if there is a large margin on goods sold. High cost of goods. Don't know if this has too much to do with excitability of 350% increase in sales but I've seen a bunch of stocks lately get good news and do nothing (ADVC)

FS ~ Trust your dd

---

GOOD POINT. LAST QUARTER WAS UP 350% STILL NOTHING. WHO KNOWS!!