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Microcap & Penny Stocks : Photonics Corp(PHOX BB)= DTC DATA TECH (DTEC BB)

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To: Joel Green who wrote (69)3/31/1998 9:58:00 PM
From: robert m evans   of 102
 
SORRY. DTEC SHARES DO NOT EQUAL PHOX> 1 SHARE OF PHOX = approximately 7 SHARES of DTEC> so 7 X (DTEC's ask)= 1 share of PHOX. Applying this equation to last weeks rise in Phox's stock price, made DTEC a steal at .04. If anyone had purchased DTEC they would have realized an immediate profit of approximately %100 (at least on paper). The opening price of DTEC the following day eliminated the discrepancy, although some like FRED made out.
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