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Microcap & Penny Stocks : CCEE Breaking Out

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To: Steven R. Bergman who wrote (6961)10/16/1997 2:40:00 PM
From: Dr. Moze   of 12454
 
So, is this the last "shakeout" before the runup? Or is the BT "deal" either aborted or a complete ruse?

Looks like CCC is proposing a reverse split *and* doubling the authorized number of issued shares. Doesn't sound like the actions of a company that's looking at an imminent boost in revenues and stock price from a "big deal" does it?

Anyone have any more info? I don't want to get caught in a bull trap, nor do I want to take a bath here!
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