Cerplex (cplx) Message Board

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Microcap & Penny Stocks : Cerplex (cplx)

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To: mike li who wrote (16)	6/29/1997 10:17:00 PM
From: David Graham	of 21

Mike, It looks to me like another case of some good news and then some profit taking. This seems to happen regularly to smaller stocks and the inverse is true of the large ones. I also see another possibility being that the announced divestiture of some more of their holdings has triggered some option selling over bad feelings. I view Kleins statements as good news and even bought some more on friday althought this raises my average cost some-what. I really beleive that Klein feelsthat by the third quarter they will turn a profit again, and even if they don't, they have a credit faciality in place trough next april.

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