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Microcap & Penny Stocks : IFTI - Ionics Fuel Technology
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To: Myron McCrensky who wrote (2)4/8/1997 5:26:00 PM
From: tom terry   of 14
 
Welcome aboard!! I see this as a high leverage situation. Sales have been around $500,000 per year for several years, but one big order from an oil refinery could produce $1-1.5 million in revenue. I also agree with your target of $5-10/ sh. (or more). The problem I think has been credibility of their technology and dealing with mature industries that are slow to adopt new technology. I think if they can break through and get several big orders, the stock could move dramatically higher- quickly. It needs to break the $2.75 resistance point to really start moving.
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