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Microcap & Penny Stocks : MTCI...@.75 joining the big guys

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To: Gutterball who wrote (2813)4/17/1997 12:58:00 PM
From: TLWatson59   of 2834
 
Thanks for the reply Dan.

I don't intend to get all excited about this activity but at this stage of the game I guess it's natural to grasp at any positive straw.

The fact that yesterday's volume of 600,000+ shares indicates that some people are willing take a position. I could be wrong but I can't see the MM's playing the stock in these numbers with the "E' trailing the symbol.

A second contact of mine confirmed the original info regarding a more stable operating climate in the UK Subs since the staff downsizings. In addition they also confirmed that the new management was desperately trying to get some kind of report out before the impending deadline so as to keep the listing and new capital infusion possibilities alive. I am not sure how much weight if any I would give with regard to the latter but it was intimated that convertible debt may not be involved. Boy would that be a big plus if true.

Let's keep praying.

TLW
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