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Microcap & Penny Stocks : EROX Corp and pheremones
EROX 0.0004000.0%Sep 26 5:00 PM EST

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To: Charles Tutt who wrote (407)2/5/1998 1:36:00 PM
From: scott j meeson   of 562
 
well below a dollar--this could be people who got in when the stock was in the 70 cent range and not willing to take the chance of losing any more of the gain they have achieved.i will say it seems everytime erox goes on the road for some investor related business,the stock takes a hit. also i think you can look for a few more stores that carry the realm product, to stop carrying it. i think erox is well aware of maximizing the productive stores and eliminating the resources spent on unproductive stores. if erox can pare debt down to $500,000 and sales of 5 to 5.5 million(4 th qtr) i would say they are making progress , but they have not proved they are capable of turning the ship around as of yet. again the question ,is how far can this small company go on perfume?--i say not very far at all, but if the licensing of pheremones comes into play , then it is a whole new ballgame. if erox goes on these investor conference meetings like the one in fl this week, and they talk perfume and nothing else, then erox will die soon. if no new progress is made by may of 98, i for one will vote to have new mgmt come aboard and hopefully be able to take erox in the direction it should be going. erox is speculative play
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