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Microcap & Penny Stocks : Docucon ( DOCU )
DOCU 69.43-0.4%1:35 PM EST

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To: Gerald Merna who wrote (316)3/26/1997 10:41:00 PM
From: Lucci   of 510
 
Gerald, I wonder if you are correct, this would explain the sell-off as of late. The price has been supported with the possibility of landing this contract. Based on the last company report from DOCU the pres mentioned in one way or another that the next quarter or two earnings will be similar to the latest... that's the way I read into his words. Mostly because of the high developement costs of the latest quarter and should remain at high levels for at least a few quarters.

Anyone else care to comment?
Mike Lucci
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