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Microcap & Penny Stocks : The Napeague Letter

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To: Bob Davis who wrote (10)	3/21/1997 6:31:00 PM
From: John Liu	of 21

I may have bought the last shares at 3 7/8. The volume seems rather low for pretty good news. Just a few questions if you can answer. 1)Why is it that their # of shares seems to flucturate pretty big from 5,233,748 to 3,935,700 to 5,589,035 to 3,908,241 (Reverse order). 2) Do you know if anyone follows this company and what was their estimate earning per share? Did it beat expectation. I think this is a gem that should do well as long as the economy does well. This is a stock for long time holders since it seems that since they(company) releases so few "news" that it may decline(After earnings report is digested) until the next earnings report come out. Got any penny stocks protential since I think a drive to Vegas is too far :-) John

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