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Microcap & Penny Stocks : Docucon ( DOCU )
DOCU 70.96-2.9%12:15 PM EST

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To: x70sxn who wrote (438)10/19/1997 2:37:00 PM
From: Ronald A. Rust   of 510
 
My guess is that the stock will open at around 1 1/2 on Monday and stay in a very narrow range until more information is available. Obviously a lot can happen between an agreement in principle and a done deal. I also have been adding below 1 and have about 10,000 shares less than I had planned to have at this time. I didn't figure anything would happen until the earnings report for the past quarter (probably in early Nov). Boy was I wrong!!

I might sell some long term holdings at 1 1/2 but will hold the rest pending a fuller understanding of what the deal entails.
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