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Microcap & Penny Stocks : KRUZ - European Cruises Corp.

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To: Jeff Guymon who wrote (11)4/27/1998 9:27:00 AM
From: Tim J. Flick   of 210
 
Jeff... I have traded the stock in the past. However, I prefer higher priced stocks for more active trading. I just want to stress that fundamentally, this company is a real estate play, and currently, Kruz's real estate is raw land. This raw land has become very valuable with the recent granting of the building permits. I just want to discourage trader types because of the length of time that must pass before Kruz's has real earnings. I feel that if you are a long term investor I think that you buy this stock up to $1.00 at present. I know of a very large buyer in the market but he only buys on downticks and if he see's huge supply, he backs his bid down.
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