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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV
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To: VAB cowboy who wrote (913)6/6/1999 7:36:00 PM
From: Frank Brisebois  Read Replies (1) of 1364
 
ALL:

Am new here, and figured I'll pass this along to all you LONG investors in NUKE:

Frank
*****************************************************************

Subject:
NUKE - Update
Date:
Sun, 6 Jun 1999 19:16:20
From:
This Weeks Pick <analyst@thisweekspick.com>
To:
"This Weeks Pick" <analyst@lyris.thisweekspick.com>

We spoke with Mike Skerry; NUKE's PR person and he informed us that they
have received the current share count from the DTC as we requested. Seems
that over the past couple of days overseas investors requesting their
shares in certificate form are slowly eating up NUKE's float. He figures
that if it continues at this current rate the entire float could be gone by
week's end. If this happens the DTC will notify the market makers that are
selling NUKE shares that they will be placed on a cash and carry basis
only. This means that any market maker that sells shares of NUKE must
deliver to the DTC the certificates within 72 hours.

He assured us that there will be no shares released by them into the float
so this could force the market makers to raise the price until those
holding certificates decide to sell them back to the market makers. This
could get very interesting over the next couple of weeks to say the least.
We will keep you posted to any new developments as we receive them.

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