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Microcap & Penny Stocks : QSOUND LABS INC - - QSND - - ACER GROUP - - IBM

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To: HeyRainier who wrote (127)1/24/1998 3:19:00 PM
From: jopawa  Read Replies (2) of 857
 
Rainier, I am not as concerned about the Canadian dollar problem.Although it doesn't help matters,it is not as if we are dealing with the Thai Bhat or the Indo Rupiah!The dollar is showing strength against all currencies now,but although it is not good news for the immediate future,I believe in the future it will have little impact when we actually begin to see revenues of any substantial amount.Hopefully 4th quarter will not disappoint,because I believe that it would take a very big negative surprise to hurt the stock.
Unfortunately,thursday and friday saw a pretty big seller get out of a position.Hopefully they sold what they needed to because there were several large blocks sold at the low bid all day.

John

P.S What does your TA say about the action in the stock now.That is not really my cup of tea,but it is always good to know what it shows.
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