PKGP (Packaging Plus) Message Board

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Microcap & Penny Stocks : PKGP (Packaging Plus)

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To: martyn st-micha who wrote (2584)	5/28/1998 12:56:00 PM
From: anthony karpati	Read Replies (2) of 4783

Called ICC today, AGAIN. By the way the number is 1-(888)702-7695. Although they wouldn't talk too much in detail. Unofficially, the undeclared short position MAY BE 30 to 60 million shares. News should be forth coming within the next 1 to 3 weeks. LOOK for earnings report some time next week. What they believe will drive the stock is fundamentals and not necessarily the short position, although it will help. $5 million in revenue vs. 35 million shares, figure 3 to 4 time revenue. Price should be around 0.80 to 0.90 cents/share, "may even exceed that." Hang in there. If you have doubts CALL. Buy more and let's squeeze the shorts.

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