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Microcap & Penny Stocks : AIRP

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To: Derald Muniz who wrote (127)7/9/1996 10:06:00 PM
From: Joan Osland Graffius   of 487
 
Hi Derald,

Well things are not exactly good. This market is getting real tough. Merrill Lynch and Louis Rukeyser are saying to start buying bonds at 7.25% and agressively at 7.5%. I am toying with doing this. What do you think about this strategy? Could really take a risk and buy on margins. One can buy a heck of a lot of bonds and make a good profit if they are right. If they are wrong one can cut out with a minimal loss.

I don't have any idea on what is going to happen on the 15th with ISSM and MOT. Only time will tell.

I have batten down the hatches and am going to ride out the storm. My holding in motorola doesn't look very good tonight. Seems like just another company taking a biiiiiiig hit.

I did do a buy on AIRP on the nasdaq last week and sell on the Vancover the same day and made a buck. Other than that not doing much.

Joan
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