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Microcap & Penny Stocks : MSU CORP-----MUCP

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To: John Brockman who wrote (60)6/17/1996 11:17:00 PM
From: Zane Myers   of 6180
 
John,
I have been a major investor in MUCP over the past 6 months (trader might be a more accurate description). I personally think the company has a lot of promise but short term I have turned bearish on the stock. Investors have turned impatient waiting for "the big news" and have started to unload (myself included). I will play this issue again as I think it will make another run,....But, I think you will see a lot more weakening before you see it take off again. It looks like their is some support at $7 but I don't put much faith in that. I am looking to get back in at or near the $6 level but only if the stock shows strength at that level. The financials on this company suck but the technology is really unbelievable. Long term propects look excellent (good for investors) Short term looks less appealing (not so good for traders). I don't know about you but I never marry a stock no matter how much I love the technology. I trade to make money not to vote for which company's products I think are the coolest. Just one traders opinion. Good luck.

Zane
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