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Gold/Mining/Energy : FLEET AEROSPACE
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To: Dennis Lefebvre who wrote (12)8/22/1996 7:39:00 AM
From: Ed Mitukiewicz   of 17
 
Hi Dennis, your reasons for the share consolidation are on track, I think. Also some analysts/money managers will not follow what they consider to be penny stocks. With the price higher it tends to eliminate some of the speculators who buy and dump thousands of shares.

Regards, Ed
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