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Microcap & Penny Stocks : DROM - Interactive Media

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To: ronald forgus who wrote (302)11/6/1996 1:58:00 PM
From: EtTuBrute   of 638
 
Talked to Wayne the other day. Things are looking, as Tony the Tiger would say, Grrrrreat!! In addition to the 4 national advertisers they had interest from, two more national advertisers have expressed interest, bringing the total to 6. They are in negoatiations now with the various regional associations of the USGA, over the details, and we should see some news either this week or next week. Once news begins to flow, Wayne believed that news would continue to flow on a fairly regular basis, as each new regional association and/or club signs up. One of the biggest positives regarding this company is low amount of shares out. Once this news begins to flow, hopefully the price will flow also. DROM reminds me of ILT, when I bought ILT at 2.75, it went down to around 2-2 1/4. I hung onto it and waited. ILT had low number of shares, and exciting product. Within six months ILT went to $30/sh. Of course, I sold at 5, but lesson is with good companies and low floats with exciting products, be patient. GG
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