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Microcap & Penny Stocks : ECNC (OTC:BB) - eConnect

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To: bob who wrote (865)8/5/1999 2:18:00 AM
From: Ronald P. Margraf Sr.  Read Replies (2) of 18222
 
Hi Bob,

Sometimes fire sales are not what they look like. This has every posibility
to go to 18. There is a scare in the market right now and without the
right info. Down is the name of the game. The directionals indicate that
this could go lower.;-((((((( If you think that this is impossible, look at
the data.

Now one could sell but that wouldn't accomplish anything. Holding is the name
of the game. This is where the believers have to test their ground. Myself as
a trader, looks at this as a ????????????, meaning, I wouldn't necessaraly look
at this as a buying opportunity especillaly if I thought it would go lower.

My thought on this is that the whole sector is going to take a beating, Starnet
is a good example. Down from 26. So what I would say is, take your best shot but
don't think it is the best deal. Right now I think that there is going to be many
good deals including ECNC.

There are alot of folks out there that are going to have to cover their margin
accounts. They need to come up with some cash real quick, guess where it is going
to come from?????????
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