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Microcap & Penny Stocks : Phoenix Information Systems
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To: george wood who wrote (20)3/23/1997 10:54:00 PM
From: Gary E. Johnson   of 98
 
George,

I was sure the share price would be at much higher levels at this time in the company development.
The last time I talked with management, they had met or were ahead of ALL the projections they had made. Yet the share price did not reflect their accomplishments. He had purchased shares at $4.00 and at the time I talked with him, I think they were $2.50. AND that is management, it shows he beleives strongly in his company. It also shows that insiders don't always know where the share price will go. Some times it is a fickel market.
I really think that doing business right and getting all the i's doted and T's crossed, materials and people moved and placed in the proper location, is much important to management at this time than the share price. They know the share dollars will take care of themselves.
Now you have got to know, a small piece of each reservation for Airlines, hotels, trains, etc. in China will translate to a HUMONGUS NUMBER OF AMERICAN DOLLARS! Gary J
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