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Microcap & Penny Stocks : Borealis Tech (BSXC) CANOTC is either...

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To: Metacomet who wrote (3)10/17/1997 10:10:00 AM
From: Dick Kalin   of 35
 
Del,

I'm not sure that BSXC has been held down by the MMs; you probably know more about this than I do. I've always thought it was more of the case that individual investors are not able to understand the company and its openness. Then, when they look at all the different projects, they conclude that BSXC is too diverse, too spread thin. So they end up thinking "...too good to true so it must be a scam..."

A second problem has been the Calif software company that in 1994 took a very similar name, Borealis Technology (BRLS). brls.com There is a very high corelation with the BRLS volume peaks and the news releases by BSCX. Confusion between the two companies has been keeping the BSCX price down. ( A gutsy short-term player could buy BRLS for a quick pop ) Although BSCX has initiated action against BRLS, I think that people will begin to recognize the differences and swing over to BSCX.

For now, we should expect BSCX to challenge the yearly highs of 5.50 CD$ in the next couple of weeks. If it closes above that, then I think we can begin to see quite a bit more interest in it. Whatever happens short term, a year from now everyone will be looking back and wondering why they didn't buy back then...

BTW, for the first time ever, I sent an email two days aga to everyone in my extended family saying "...now is the time. go to borealis.com and make your decision..."
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