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Microcap & Penny Stocks : Pagestar (PGST)

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To: Harvey Kirby who wrote (78)4/3/1997 8:33:00 PM
From: John W. Herron   of 146
 
Harvey:

I called PGST today and spoke with Betty. Apparently, the test units have already been distributed to local auto dealers for testing. It may be a couple weeks before production will begin. I think it is a good time to pick up some more shares...before it starts heading north...must ask my wife. :-)

Someone unloaded a small amount of shares at less than $1.5 before closing. I watched PGST all day today and it was consistently being traded well above $1.5. I couldnt believe it. Someone is trying to influence the market...but its not working...the "ask" price didn't budge. PGST shareholders are pretty hard-core...they are tenaciously holding at all costs...I am.

PS...My family owns some property in Melbourne. Neighbor of our property keeps submitting offers to buy our lots. Whats the real estate market like in area?

Regards,

John W. Herron
Los Angeles
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