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Microcap & Penny Stocks : P/E of under 6, and only $3.50 -- Unheard of Company

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To: Labrador who wrote (15)3/26/1998 7:56:00 PM
From: ForYourEyesOnly   of 16
 
Thanks Bob,

DD = Due Dilligence

Regarding their non-performing loans and the fannie mae issue, do you know the dollar figure of the problems we are looking at?

It's hard to imagine that these problems were not existent when the directors made their purchases......unless the CEO was keeping them in the dark.

It would be interesting to follow this story. Under $1 it looks like a good crap shoot.

THC
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