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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: madman who wrote (230)3/4/1998 4:12:00 PM
From: Bugsy  Read Replies (1) of 747
 
Well I guess everyone is ready for some news. We should see a nice press release out tomorrow. It should have some meat to it. It looked like someone dumped a lot of stock on the open this morning.But late today there was heavy buying going on. Several 25,000 share blocks went through. IMO this is a great buying oppurtunity. Book value for this stock is .25 cents a share , if you bought today at .15 cents thats .10 equity. This stock will be trading around 5 x book in the future , possibly higher. I'am pretty sure the press release will be out tomorrow. You hardly ever see a positive release out on fridays. And from what I understand it will be positive , ( better than the last one ) Regards > Bugsy <
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