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Microcap & Penny Stocks : JAWS Technologies - NASDAQ (NM):JAWZ

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To: fulltimetrader who wrote (553)7/6/1998 5:18:00 PM
From: justaninvestor   of 3086
 
Hi Fulltime:

<<Just wanted to let some of you know there are people watching this one closely but not comfortable with the jump especially without retail and sales.>>

Are you talking about when it jumped to $1.40 in April after the name change? I agree that it kind of got ahead of itself, but I guess that a lot of people thought the contest was going to start in April, got excited and didn't want to "miss the boat". I doubt that we'll see it go below 50 cents because that's where the financing was done. IMO, the selling we're seeing is from those who bought in February and were hoping that it would be in the $5.00 range now. Now they're bored and maybe they've got other stocks that they feel closer to.

Seems crazy to be selling now though, what with everything kicking into high gear this month. If it's introduced to the right people, I don't think they're going to need massive revenues to create interest. Encryption is one of those "sexy" topics that everyone can understand.

bbruin "HLBS&DW"


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