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Microcap & Penny Stocks : IDID Alternative! (Biometric Indentification)

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To: Richard Frye who wrote (126)5/27/1996 6:17:00 PM
From: Hubert Few   of 181
 
>>>>Did not like to see NRID fall back to the 2+ range.
I got in a little above that. Is the drop back because all the
shows are over? <<<

Quite frankly, I think it's more a matter that the INCREASE was due to increased attention to biometrics as a whole, pick up the DD package, it will make you feel better for the long haul!

>>>I'm holding for now, but on further drops will pick up some more. Did talk to my broker about this and he advised me not to buy... his reason being low sales/shares. <<<

Brokers advise me not to buy every single thing I have bought! Low volume/price are considerations, but this is a long term play, the price could very well drop to the 1.75 range over time, and just as easily go to $3 on news. They are in new territory as far as their "development curve" goes. If it makes you nervous, and it is costing you liquidity, sell now, there PROBABLY will be more opportunities to buy equal or better than friday's price....just my opinion.

>>>>I dont think he understood what this stock could do, so I
purchased anyway. Thanks for sharing your ideas.<<<<

They usually don't! You're welcome!
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