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Microcap & Penny Stocks : Research Fix-Corp Int'l (BB:FIXC).

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To: mike wood who wrote (1322)3/12/1998 12:15:00 PM
From: Rasiel  Read Replies (2) of 1845
 
GLOW will be one of the most interesting plays during the next week or two if the rumored press releases start materializing.

A .50 EPS means this stock should be trading at at least $2-$3 with a conservative PE. FAMH trades now at about .50 on EPS of .10 while GLOW is now at less than 1/8. As you can see, the share price should easily go above $1 within a matter of hours after the release is out. Anticipation can only drive it so far without an official announcement.

After deliberating this morning whether to get into ETPI or GLOW I finally figured the upside potential was better with GLOW even if the press release wasn't forthcoming for another week or so. I picked up 55,000 shares at between .105 and .12 before my account funds dried up and will be holding until after the earnings report to see which way the wind blows.

This is my first SI post. I've been a long-time lurker who's too cheap to pay the $125 fee but now with that free 1-month offer I figure I'd add my .02 here as well :-)

Ras
rasiel@yahoo.com
home.earthlink.net
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