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Microcap & Penny Stocks : Jax International (JAXI)

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To: Ga Bard who wrote (878)8/27/1997 7:54:00 AM
From: Jerry Keba   of 2430
 
You are not going to attract a whole lot of investors with a "buy at .65, sell at .74" strategy. ...and if you do attract alot of investors with that strategy, it will fail because you won't be able to buy at .65 nor sell at .74. I've lived through that strategy at NPEC - it has killed the company! The company cannot get a fair value for the stock because people buy at .15 and sell at .20 and have done so for a year.

I favor the approach that worked so well at OVIS.

We have a great opportunity now with a news release on the way, a cheap stock, little float and good fundementals. If we buy and hold till the stock is fairly valued, we will all prosper. Let's not flip the stock into oblivion.

Just my opinion!

Good Luck

JKeba
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