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Microcap & Penny Stocks : PRNS What's happening

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To: Bob Coke who wrote (41)	8/6/1996 3:42:00 PM
From: Mr. Aloha	of 61

I got burned really good on this one. I didn't check the paperwaste prices before buying. Apparently someone released some BULLSH%* news to get out before Prins fell further. I'm going to call the company and see what they have in mind. IT is my opinion that they could complete a buyout because Prins locked themselves into some poor long term contracts that were going to continue to lose money. Would you buy a company that was going to guarantee you losses? Now that they filed chapter 11 they can void the contracts and hopefully complete a buyout or reorganize. When I call the company to see what's going on, I know what I'm going to do. I show the book value at approx. $1.15. Buying a couple thousands shares at the current price MAY end up being a wise decision. JUST MY OPINION Aloha

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