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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: Due Diligence who wrote (15)1/29/1998 9:57:00 PM
From: Jonathan Lebed  Read Replies (2) of 1058
 
Jimbo....the momentum started and there still is a lot of momentum. The people who don't own shares of FAMH by now are probably waiting to see the financials for themselves. I think it will at least hit $1 next week...hopefully $2. To the person that didn't beleive what Ira was telling him but that's your problem. If you think a company is too risky don't buy it...but make sure you get a FAMH quote at the end of next week.

The reason why I am posting here is not about FAMH. It is about MEGW. I still have some money on the sidelines and I want to buy something else besides FAMH. This company does have it's advantages over FAMH like being owned by 90% insiders and having such a small float but FAMH has a much larger following and is much less risky since they are making huge profits. But since MEGW is non-reporting...I don't see a reason to buy it. Tell me...why did you people buy it?

Thank You!

JLebed
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