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Microcap & Penny Stocks : Harvard Industries (HAVA)
HAVA 9.925+0.2%Dec 22 3:58 PM EST

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To: ronniron who wrote ()3/27/1997 10:10:00 AM
From: Ramesh   of 23
 
I bought in @ 1.75, a very small position (test the waters kind)

Today its at 1.00 Has been going down from yesterday rather rapidly.
opened yesterday at 1 7/16 and today @ 1.
It could be a great turnaround stock if they sell off one of the divisons they are
trying to unload and get back contracts they lost due to their inability to fill the orders in time ( these contracts were with
Ford )

On the negative side their rating has been lowered 2 months back.
I also beleive they are a goodish bit in debt.
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