DROM - Interactive Media Message Board

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Microcap & Penny Stocks : DROM - Interactive Media

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To: Bill France who wrote (305)	11/8/1996 5:05:00 PM
From: LT	of 638

Hi Bill, U no me, never gunshy....(G) There isn't much to report from my end on DROM. We just have to sit and wait for the contracts to come through. I did hear they were busy building kiosks so hopefully someone is buying them. As to this sector of the market in general, most of the small caps(including on NASDAQ) have gotten the snot knocked out of them the past 30 days. This same thing happened last year. I guess I'm just used to this type stuff as the Latin American stuff I've played in for years does exactly the same thing. From time to time, you just have to sit on your hands and wait. The good companies will come around and the ungood ones won't. If your average is still way high, you need to consider averaging down or taking a loss and moving on if you can't wait........ and sometimes one can't wait as I've been in that position too(G). I'm still a holder and average downer on DROM and IMMD as I still think both companies have potential to be substantially higher than they are now in a year. As long as the po is 3 or 4 times the downside risk, I gotta stick around. When it's not, that's the time to hit da road.....take care... MH

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