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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Daniel Miller who wrote (2621)8/27/1999 1:54:00 PM
From: Rande Is  Read Replies (1) of 4766
 
Anything is possible, Daniel. I started calling the company nearly 6 months ago. . . making certain that what looked to be. . actually was. . . that wasn't enough. . . .I called two more times since then to RE-VERIFY. Funny thing. . . nearly every person that has bought these has called the company to verify conversion. In my experience with pennies there are essentially two types. Those that are scams and those that are real companies trying to make a living.

Often the scams do better than the real companies. . . look at little USTI with its Y2K compliant software for city government that is 32-bit NT / Unix / Linux ready. . . . been in business 20 years. . .10 of them doing the same thing. . . had a profitable year last year. . . yet it is what .07 cents? This has been perhaps my LONGEST holding. . .and it is a penny stock. . .literally.

Sometimes the good ones just get passed by and the scammy ones get bought. . . You won't find either of those companies EVER putting out fluffy press releases. . . look them over. . . just the facts. . . and often NO PR at all. . . .but announcements within the 10K. Doesn't do much to 'help' the stock price. . . but I don't think they care so much about stock price. . . .but just concerned with building the company and shareholder value.

So I sleep better holding both USTI and PLCO than I do holding say NTOP or NSOL or even AOL. I don't expect others to do same. . . just my comfort level based on familiarity.

I do know about sounding 'too good' . . I've answered this one before. . . .also, I've already had a 6 bagger or so from this one. . . so it is hard for me to lose from here.

Best wishes,

Rande Is
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