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Microcap & Penny Stocks : RHOMBIC CORP.(NUKE.Nasdaq BB) Daimler Benz Aerospace JV
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To: Steven Messina,L.M.T. who wrote (275)5/18/1998 4:05:00 PM
From: SCRIBEALIVE   of 1364
 
Stock trading averaging @1.30 on healthy 300,000+ volume.
Very strong buying prior to close.

MM's did their best to make the stock look weak during the
off peak volume times. It did create some panic selling
from flippers.

Stock will require at least 400,000 shares of rapid
buying to move it over $2 or more likely
may require 800,000 shares of buying before the end of
the week before that occurs. IT is churning a bit now
at 1.4

Is this the beginning of the end of those wild bid / ask fluctuations that have nothing to do with reality but more to do with creating panic selling from the flippers and helping their profit margins?
More realistic bid and ask spreads?

I have spoken with IR and drilled them with questions on timing
of the DASA news release. I feel certain that DASA will make the needed announcement no later than the end of June and as soon as the last week of this month. I base this on the fact DASA is ready to print full spec brochures for order taking to their European customers this June and a sample of that brochure is forthcoming to Rhombic.

Saying that our first royalty cheque should come no later than the end of 98'. That would make the greatest news release in NUKES
history and should send this stock flying for the first time.
This action is only peanuts in my view and in relation to Ballard.

I say Management should take a digital picture of that first cheque and put it on the net for all to see. I think we deserve it and I know for sure those holding the short position will like to see it.

Ballard shareholders will be lucky to get one of those cheques for several years. We are going to be in the big time money
alot sooner than you think. The street is only weeks away from
coming into this deal in a very big big way in my view.
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