HERC - It goes higher! Message Board

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Microcap & Penny Stocks : HERC - It goes higher!

HERC 0.0001000

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Nov 18 3:00 PM EST

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To: Ralph Ulisse who wrote ()	10/17/1996 8:19:00 PM
From: Logan Stanley Chappell	of 341

I think HERC is promising, too, but the stock is very volatile. I follow it almost daily and notice with optimism that its upward moves over the last several months have been on heavy volume (for this stock) while the downdrifts are little bitty chunks (e.g., 100K - 200K shares of buying as it rises, 2K-40K shares as it drifts down). I bought it last November at 2.25 and it tanked and then bounced and tanked and bounced. Now I am in the black but will stick with it based partly on hope and partly on the above technicals and the fact that their technology has apparently valid claims to be environmentally sanitary and can do big waterwork infrastructure clean-up a lot more cheaply (through proprietary chemistry) than the method used by the competition. They have patents and plan to license their methods worldwide as well as pursue their own projects. The market is potentially very big (the aging water supply infrastructure, plus all sorts of Ag applications). I suspect a lot of the competition is fairly stodgy and low tech. We shall see. I would be interested in anyone else's observations, knowledge, news... Good luck.

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