Buying opportunity - Market maker out of business Message Board

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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: Master (Hijacked) who wrote ()	3/27/1998 10:10:00 AM
From: John Hanzl	Read Replies (3) of 472

All - Might want to check this one out... Suncom - SNLMF Was Cam-Net (5th largest CDN telecom company when CEO arrested in SEC sweep a few years ago and trading was halted - had a high of $14, though was pumped there) Reorganized as Suncom with new management. I have good faith in these new guys. Suncom thread: Subject 17787 *MOB point* To: +Michael Peterson (69 ) From: +william allen Thursday, Mar 26 1998 4:36PM EST Reply # of 72 To All, The major market maker on SNLMF just filed for Bankruptcy protection, was advised by mail today, which was dated the 18th. This could be the reason for the fall in price recently. They were a major pusher of this stock back two years ago, and had a lot of shares turned in to them when that was the only way to write off the losses. Could see the price fall more if they have to raise capital!! Rgds, Bill It is currently at $0.14 JohnnyH

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