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Microcap & Penny Stocks : USXX IS UP @.34 CENTS WITH 400,000 SHARES TODAY!!

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To: Curtis Frazier who wrote (19)8/12/1997 7:59:00 PM
From: Hawkmoon   of 348
 
Hey all!!

I was looking to buy some shares at 13/32's and didn't get a fill. Seeing that it closed at .38 on the ask left me grateful that the mmkrs aren't always efficient.

From what I understand, and this is only hearsay, we have a company with strong long-term potential. 2-3 years from now we may reflect on this little underfollowed penny stock.

My opinion leads me to believe that the new management has a strong vested interest in making this company succeed. The only strong negative is the fact that they have some 27 million shares outstanding. I believe they need to do a 1-3 reverse split regardless of what short-term damage it would do to the stock. Do it now before the fundamentals really improve. If this stock takes another pounding down to $0.20-25, I would suggest that they do it then.

Just my opinon. Any one else have any thoughts??

Regards,

Ron
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