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Microcap & Penny Stocks : Bowser Subscribers
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To: Sam Ferguson who wrote (629)11/5/1997 11:04:00 PM
From: John F. Poteraske  Read Replies (1) of 897
 
Sam-I like gnrl the best out of the one's you listed. BTW did you or
anyone buy those solpw. Somebody over on board says that company looking to buy warrants in the open market-said only released only on
one news wire. Sure was a great buy at 3/4. TMEIW is also looking
good. Got a real weird call today from my brokerage firm-was wondering if Sam or someone else who holds gegpw. Got a call saying
that it was in regards to gegpw left on answer machine. I didn't see
any news regarding the warrants. Regarding bowser stocks-yes I do
talk about bowser stocks. GMAI-received annual report-gave reasons
why 4th quarter was weaker then expected-basically moving expenses,
reducing antiquities(spelled that wrong) end of the business. The
interesting thing was about how the company included a 1mil plus income recording for sale of marketable security in 1996. Without
this the company would of lost 500,000. So the numbers that they
put out in 1997 was impressive. BTW they want to reduce the price of
existing options that were granted at higher prices. I voted a big
no!!! Although it won't matter because 40% plus is held by officers/etc. Damn that pisses me off-how about producing better
numbers.
Lastly someone had mentioned about looking at chri-the chart looks
terrible and anytime you do bottom fishing(ya never know). I would
say wait a little bit and let the stock form a bottom(base). The
estimates keep on being revised lower which can be a big red flag.Unless you have a better feel I would wait-on the positive the
price is very close to book value.
JP

p.s. anyone buying any bowser stocks(cobr sure was a gangbusters)
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