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Microcap & Penny Stocks : ISGI ANYONE????

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To: Jason Chesshir who wrote (2084)9/3/1996 9:50:00 PM
From: John H. Flint   of 2665
 
Jason, IMO PWJC is not into ISGI just to make money on the spread. To risky for a firm of this size and stature. If the spread was the reason, name me one other stock that PWJC makes a market in that trades under $1.00? IMO, they are there for other reasons. Accumulate a position, Investment Banking agreement, or some other reason. I will be watching their positioning on the box as to what their motive might be. IF they start sitting on the bid it will obviously bode well for ISGI.

Supposively last week Lents & Company had high level meetings in Houston with 2 HIGH profile IB's. Coincidence that PWJC shows up on the box simultaneously? I've said for months that what ISGI needs is a real IB to take it away from the day trade/short crowd. PWJC showing up in a "penny stock" to me is a good sign. Lets see what happens tomorrow.

John
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