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Microcap & Penny Stocks : qqqq

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To: Richard Spitzer who wrote (50)11/6/1996 10:04:00 AM
From: Brian Johnson   of 69
 
Richard,

They sure have a penchant for dilution don't they? I guess with some following it's the easiest way for them to print up money.
I don't buy the "hostile takeover" hot air. (I'll take a poison pill of rights and warrants over dilution any day, and I'm sure you concur). Well, they keep it up and I guess I will have the option of lowering my average cost per share once our compatriots get wind of their further dulition desires. Shaman Pharmaceuticals (SHMN on OTC) is a lot more likely to be taken over by a JNJ than is this development stage company. I'll call Edgar and get their latest as well.

Best, Brian
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