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Microcap & Penny Stocks : USA Technologies

USAT 10.56

0.0%

Nov 3 4:00 PM EST

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To: Jim Chapman who wrote (107)	2/10/1998 6:54:00 PM
From: SnakeInATuxedo	Read Replies (1) of 359

<<I'm looking for a $ 2.00 stock this year.>> Is that before or after the 1-for-4 reverse split? Seriously, it does seem to be getting some momentum. I'm just concerned that the huge number of shares outstanding will put a damper on any sort of serious move. Really, stop and consider what the market capitalisation will be at $2. Awfully pricey considering the still-nascent revenue streams. It's a better gamble than most, though. If it were to get any higher in the short-term, though, I think this is one where one might want to take their stake off the table and play with the house's money.

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