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Microcap & Penny Stocks : Electronic Clearing House Inc

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To: Mark R. Rose who wrote (241)5/15/1998 1:22:00 PM
From: John Mav  Read Replies (1) of 1038
 
Mark,

What is amazing to me is that any company that announces the revelation that they will begin to sell something over the internet has its stock price double.

Case in point, KTEL. They announce they will sell over the internet and the stock shoots from 3 to 35 without selling dime one...

The way I see it, only the processors that have a hand in everyone's transactions, ie ECHO, will benefit when ANYONE sells over the internet. Not even considering a possible contract w/ the USPS, ECHO should be trading @ much higher levels.
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