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Microcap & Penny Stocks : DROM - Interactive Media
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To: Bill France who wrote (290)11/2/1996 12:38:00 PM
From: joseph burns   of 638
 
Bill: Its always disappointing to see your investment decline, but
in small stocks like DROM which can be volatile, patience is a true virtue.
Interactive Multimedia is volatile only because the market is trying to
determine just what its worth and potential is. I have no doubt that
DROM will move forward, but it may take some time for agreements to be
finalized and real revenue. It may be reassuring to know that the
president of IMP, who has over 2 million shares (of about 5.2) did not sell
one share during the move to $8 and the slide to its present. One last
point is that its better to invest for the longer term (over 1 year) sometimes
with companies like DROM. Can we say that if you bought now what are the
odds of this company moving forward to accelerate revenues and earnings
from it present and the stock staying or declining. With a market cap of
about 2.75 million it looks pretty good (at this level).

Good luck and hang in there!
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