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Microcap & Penny Stocks : JAVA: Food Concepts, Inc.

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To: Alan Coccio who wrote (54)4/16/1997 8:50:00 PM
From: Rich Lytle   of 214
 
Good response to Daryn. Without trying to seem to casual -- it would appear appropriate to say that penny stocks are trading for pennies for reasons know to all the investment community. In the rare case when one of these stocks really becomes a enormous success story, only the believers usually make the big bucks. Based upon the research available, some of us could be called believers now.

Things do look promising for the next few quarters, however, I am not willing to make any predictions about "when" we may see the blast off in share price. My best comedic answer is to visit your public library, read all the books regarding TA and Market Timing, and then after reading and understanding them all, play your hunches based upon the data available - and be willing to hold for the long term.

If things happen quickly, all well and good. However, when dealing in this type of stock I believe it is best to prepare for a long trip, hoping that it will a slow and steady trip UPPPPP ;-)) Rich
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