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Microcap & Penny Stocks : PCPI--Cts. from NEC, CANON, MAtSU.

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To: Peter R Smith who wrote (28)10/30/1996 5:12:00 PM
From: Robert Williams   of 72
 
Peter,
Here is a follow-up on the current market makers in PCPI. They are
FAHN, FRAN, HILL, HJMC, HRZG, INVA, JPMM, MASH, MHMY, NAIB, NITE,
PGON, SHRP, SHWD, TSCO, WDCO, WEDB, & WIEN.
Current trading appears to suggest that JPMM has been buying around
$1.50, and unloading, as well as possibly shorting around $1.75-1.80. It
would certainly be nice if he was caught short on either a positive earnings
announcement, or a new and significant contract. Interestingly, JPMM appears
to be the only MM who is attempting to trade the stock. With the addition of
of a few larger MM's his game will be more difficult, and he will most likely
look for an easier opportunity.
Best Regards,
Robert W.
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