CCEE Breaking Out Message Board

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Microcap & Penny Stocks : CCEE Breaking Out

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To: Gary Green who wrote (7605)	11/1/1997 11:17:00 PM
From: Lee Kennedy	Read Replies (6) of 12454

>> What is your point Lee? << I think my point should have been obvious. Considering your background, there is every reason to believe that your interest in this stock is more than that of an ordinary stockholder. Rick has pointed out that if you work for CCC you would be required not to reveal that fact. >> What is your view and your reasoning with regard to what we shareholders should do in response to the proxy solicitation of management?<< My view is that NONE of the proposals are in the best interests of the shareholders and should all receive a resounding NO vote. >>Why waste a post on a frivolous issue that required you to distort?<< I'm not sure what you mean by distort. You said you charge $300 dollars an hour. I said I had guessed $260 based on past experience. My intention in writing about the other attorney was to point out that IF you are working for CCC, you are being well compensated for your time online. >> In your eyes do you think management would declare victory if everything was defeated except the authorization for a reverse split? Why did they bother to print up that cumbersome proxy solicitation and to undertake proposing the other items that infuriated, and got the attention of the otherwise sleepy shareholders if all management really wanted (according to your implied argument) was the one proposal that I advocate?<< I've already expressed my opinion offline on this topic. I think management has tried what is tantamount to a scare tactic to accomplish their real purpose. They make all these really horrendous proposals with the idea in mind that shareholders might be willing to accept a small reverse split if they(the company) will shelve the other proposals >>What is your opinion about the price and ability to properly trade stock in CCEE if it does not do a reverse split, the stock stays at the 70 cent to 80 cent price, and CCEE is delisted by NASDAQ? If you have had good luck with bulletin board stocks, I suppose you oppose the reverse split on the grounds that even though it is a directly proportionate, across-the-board reduction, there is a mystery factor that will depress the stock.<< My opinion is that if CCEE is reversed now, there is every chance that the price will be back to 70 to 80 cents by next March UNLESS some of the promised news comes out in the meantime and that is no mystery factor. I've seen it happen too many times. Lee

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