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Microcap & Penny Stocks : INNOVO (INNO)
INNO 0.0790-21.0%Jan 21 4:00 PM EST

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To: Del Eastham who wrote (289)10/14/1996 2:57:00 PM
From: John   of 4179
 
Wow! People are dumping INNO like there's no tomorrow! The past two trading sessions, Friday and today, have seen volumes in excess of 300,000 shares, and now the price is down to 11/32. Somebody knows something that isn't very good. I may have to lower my prediction of 9/32 as the bottom. After the negative earnings show up, this could be a sub-20 cent stock! Any thoughts? Also, any predictions on how long it will be before NASDAQ delists this stock? I think I read that they're operating on a waiver right now, but at the rate they're losing money, how long can that last?

John
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