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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)
GRNO 0.00Jan 8 4:00 PM EST
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To: Norman H. Hostetler who wrote (3521)3/26/1997 7:31:00 AM
From: Hawkmoon   of 13091
 
Norman,

Brenda is extremely wise!! Like you and she, my wife and I are long term holders of GRNO (1-2 years minimum)

My only reference to worries about the Nasdaq would be the repercussions felt through the entire market. GRNO would likely be relatively sheltered as many of its sharesholder are now long, rather than short-term players. They understand that GRNO is fast approaching the level of "investment grade" security.

But a general decline would certainly impact even GRNO to some extent as people face margin calls and have to sell the GRNO stock they bought through margin, (GRNO being purchased on the marginability of another stock) It certainly would be a buying opportunity to those who were fortunate enough to have a percentage in cash. (Like Zeev)

We'll likely be following suit, with the exception of GRNO.

Regards,

Ron
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