<I guess my feeling is that
(1) we know (from public announcements) that they're
selling a pile of phone cards and they just might be doing well financially,
(2)there apparently really is an audit going on,
(3)the company apparently really does want to qualify
for getting listed,
(4) the stock very likely is about as low as
it's going to get (my opinion - gut feeling),
so all we have to do is get just a little bit
lucky news-wise and we may have some fun.>
Thanks for the responses, guys. I was beginning
to feel like the Maytag repairman ;-)
George, I agree that they are selling cards, but
I think, after speaking to Carl Smith Sr., that
the bigger sales are yet to come. If they strike
a deal with McLane, then we break out the
champagne. Points Two and Three, DEFINITELY.
On point Four, I sincerely hope you're right,
because I averaged down hard at 1.25 last week,
and was gratified to see good buying take the
price up again. Unless there's a real stinker
in the '96 figures, I would think that was the
low.
I spoke to one of the MM's last week and he
thinks the stock is currently worth at least
$2.50 and that maybe other news and a good
1st Q '97 could push it higher.
They need to shake a leg on the NASDAQ listing
before the requirement minimum is raised to
$4 --Madly |
