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Microcap & Penny Stocks : Docucon ( DOCU )
DOCU 69.71-1.7%Nov 6 3:59 PM EST

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To: Allan Hyman who wrote (349)5/9/1997 2:46:00 PM
From: David Rubin   of 510
 
DOCU is in the same camp with dozens of other small-cap stocks. Sooner or later the market will gravitate towards these stocks.

DOCU's last earnings report was not so great, but if they land a big contract they are in a position to see profits rise significantly. But it will take more than profits to get DOCU out of this trading range ... the entire market sentiment towards small-caps needs to change.

I am long on DOCU but like you, am getting impatient. I was hoping the last earnings announcement would give us a spike to the $1.30-$1.50 range. I say the next time we get such a spike, it's time to sell. Then, buy it back when it floats down to $1 again. Repeat as necessary until the market starts recognizing the value in stocks like DOCU.
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