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Microcap & Penny Stocks : Universal Medical Sytems (UMSI)

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To: Art C. who wrote (1031)1/23/1998 4:52:00 PM
From: GeneM   of 1672
 
To all: The place is still locked, and no one there; but, all the furnishings are still in place. As I said earlier, I'm betting that they get the rent problem straightened out [maybe Cole will pay it out of his profits!!]; the whole set-up appears to be too valuable to blow off just for rent money. But then again, who knows how many months they are behind.

I was fortunate enough to get into this thing cheap, and couldn't pass up a little profit [just years and years of hard earned discipline]; however, I still think this thing will go over .20 before the end of Feb.. The next up-tick on volume and I'm back in. It will probably happen if they ever get the Taiwan thing straightened out and get their paycheck. If not, there should be a good possibility that someone will pick them up; the concept is too strong to just let go.

In the meantime, I'm still lurking and watching. You are a great bunch, and the fat lady hasn't sung yet.

GeneM

p.s. watch a little company called Dragon Environmental [DREV]; I've been sitting on 60k shs. for a while now, and something should be happening pretty soon. My avg. price per share is about .28, and the company has shaken-out all of usual penny stk. PR and Financial Firms [like Select], at no small cost to its stock price. The CEO seems to have a pretty good handle on the company's affairs now.
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