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Microcap & Penny Stocks : HERC - It goes higher!
HERC 0.00Dec 18 4:00 PM EST

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To: Ralph Ulisse who wrote (2)10/26/1996 1:08:00 PM
From: Logan Stanley Chappell   of 341
 
I am optimistic. Let's hang in there. This company was at $12-13 per share in 1991-93, then dropped to $6 in mid '94, after a 1 1/2 year gap in the data in my particular chart program (Power Investor) -- suspension of trading or a glitch in the softare? In any case, their profits and cash flow were abysmal, in the negative. They seem to be in recovery, perhaps in resurgence, with possibly better cash flow and revenue just ahead.

Does anyone know more about their past? They are so tiny that info is hard to come by. I'd also be curious about your sense of a realistic near term target. You mentioned $5. Is that based on their $6 level 2 years ago? I would think a near term target would depend on reversing some of the reasons they have fallen in the past.
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