IFTI - Ionics Fuel Technology Message Board

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Microcap & Penny Stocks : IFTI - Ionics Fuel Technology

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To: tom terry who wrote (1)	4/8/1997 9:38:00 AM
From: Myron McCrensky	of 14

I am glad to see someone else following IFTI. I discovered it about a year ago, while looking for high potential stocks selling for around $1. Of approximately 40 companies I reviewed, IFTI was one of the 4 that looked most interesting. It also has one of the most unusual trading patterns. It moves up from the 1 level to the 2+ level on very light volume. Has heavy volume around 21/2 with little upward movement. Then goes back towards the one level on diminishing volume. It seems to have a narrow investor following and a relatively small float. Its most attractive feature, though, is that it has a real product with the potential for wide spread use in the oil refinery industry (and perhaps other applications) with multi million $ annual sales potential. Down side is that there is little available information other than the occcaisional releases from the company. Hopefully this board will attract some that are familiar with the company and can provide more insights. My gut felling is that if their technology receives favorable acceptance, the stock price could be in the $5 to $10 range, although growth may be slow, and, hopefully, steady.

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