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Microcap & Penny Stocks : QSOUND LABS INC - - QSND - - ACER GROUP - - IBM

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To: jgideon who wrote (47)10/28/1997 9:59:00 PM
From: Steve Pick   of 857
 
I have been holding and averaging down for a while to get a cost of $2.5. $3 looks a lot better than $1.5.

All the news releases looked very positive but in talking to the company a few weeks ago it seems that the sales have yet to get down to the bottom line. I was expecting to see around 7 cents from previous information but my expectations are now for break even.

That might cause a fall until next quarter but I am holding.

Steve
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