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Microcap & Penny Stocks : Vanguard Airlines (VNGD)

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To: Rahul Shah who wrote (23)9/19/1997 11:14:00 AM
From: Harvey Kirby   of 38
 
Howdy Rahul,,,,I haven't been envolved with Vanguard for months. I beleive I started this thread months ago with the help of Caroline Bogart when I first got my computer. I checked interqoute on the stock prices right now volume 5500 bid 1.375 ask 1.435. This is the lowest ask I've seen on this stock since I was envolved months back. That doesn't mean the price was lower in between. As I recall I was into the stock when it was running around $2.00 but got tired of waiting on it. Even with the new CEO (can't remember his name) the airline has been having trouble getting ahead. I would be leary of this stock at this time, but remember I haven't been watching it for months. I do know that they have been having loses months on end. However, A couple of days ago I saw on TV this was a good time to invest in airlines, but this does not necessarily mean VNGD. I remember back when they opened up some new routes and really did some advertising I beleive in the Whichita area to promote the airline to customers going to and from Florida. Being we are approaching the holidays it could possibly be a buying opportunity, but not to keep the stock after the holidays earnings. This just my opinion,,,hope I was some help.

Harvey Kirby
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