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Microcap & Penny Stocks : OILEX (OLEX)

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To: roberto cammarota who wrote (1270)7/19/1997 6:54:00 PM
From: Madeleine Harrison   of 4276
 
Roberto, I wonder if that .34-.68 trading range is still valid.
In the last week or two, the MMs have taken in a tremendous
amount of stock from sellers. Am surprised they haven't dropped
the price lower. At some point they'll try to "scam" the stock up
so they can sell it back. I wonder if there will be enough buying
to push it above .50. I don't see a clear plan with the company
and don't feel comfortable buying for a trade right now.

Vacation in coastal SC was extremely hot. Not as pleasant as
usual, but I read a lot and that's something I don't always have
time for.. Maine would have been better! For how long is my complimentary
dinner valid?
--Madly
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