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Microcap & Penny Stocks : PCPI--Cts. from NEC, CANON, MAtSU.
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To: Tom Caruthers who wrote (13)9/27/1996 4:13:00 AM
From: Peter R Smith   of 72
 
Looks like a turn around story, divesting of non profitable divisions, one off write downs on old inventry etc. All positive signs at the moment. Good ongoing engineering revenue to hold them over to royalties start rolling in. Senior people starting to show up as advisors to the board and long term deals look good with a number og Japanese companies. Should be profitable thisa year and very profitable a year or two from now.

Looks good at these levels to me. I have 20% of my hold and hope money in these guys.

PS. ICGN is a great trading play lately.

Peter Smith
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