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Microcap & Penny Stocks : IMMD - ImmuDyne
IMMD 0.215-2.1%Jun 21 5:00 PM EST

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To: Mel Spivak who wrote (903)6/5/1997 3:20:00 PM
From: Irene Lynn   of 1249
 
Mel...I'm still waiting from her on some updates. She's really busy and I get this feeling that she's waiting for results on certain issues before she updates. I asked her the same questions you've mentioned to me in a previous post. Will let you know what I find. Today was definitely unusual...like something's brewing...90k volume so far..and it keeps trickling in...most buys. The earnings should be coming out soon maybe within 2 weeks. I can only guess we should see this quarter better than the last...which would be positive and every quarter a little better thereafter.... Although, the lawsuit isn't final so far, the expenses are 90% less than they use to be. We should get an idea by mid-June how that lawsuit stands. I think that's suppose to be a target time since the last court date on some kind of possible appeal or the suit thrown out. We'll know soon enough. But one thing she always emphasizes...they aren't just sitting around waiting for the lawsuit to be over..unlike some investors <G>...business is picking up and looking good!
Irene
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