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Microcap & Penny Stocks : CCEE Breaking Out

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To: Parker Benchley who wrote (9380)3/5/1998 8:56:00 AM
From: Rob Taylor  Read Replies (3) of 12454
 
George,

Disdain to apathetic? I'm sure you next phone call to Gary will be well received.

The issue Gary is missing, in my mind is that even $1.00 is too much "BONUS" when your company is hemorrhaging red ink and the only thing you can sell to pay the bills is treasury stock. Is it a coincidence that the 4th quarter may be the first in CCC'c history where they show a profit and at the same time, run out of treasury stock to sell?

I realize they could crack open the jeroboam of new stock, but that would test the limits of just how low a stock price could go before it actually hit zero. I believe 1/256 is the smallest increment I've ever seen traded, which is equal to roughly 4/10's of a cent.

Lee did a nice job trying to estimate Softworks impact on the whole thing. I hope someday we'll see just how close you came to the actual numbers.
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