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Microcap & Penny Stocks : CINEMASTAR LUXURY THEATERS (LUXY)

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To: John W. Herron who wrote (12)5/2/1997 8:12:00 AM
From: Darren Ohland   of 85
 
John,

I too was considering purchasing before the announcement on short-term financing. After it, I put off purchasing for a few days hoping profit taking would allow me to get in cheaper..... but it kept going up. I did take the plunge yesterday. I will buy more if there is some profit taking but even at these prices I think it is still undervalued. I agree with your opinion on long-term financing, even if it involves some dilution of the stock. Glad to hear your opinion on their theaters, hope they've been real busy.

Take care,
Darren
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