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Microcap & Penny Stocks : OPMRF

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To: Ruby who wrote (231)6/10/1998 11:41:00 AM
From: Doughboy  Read Replies (2) of 283
 
New to the thread. I saw Gerald Klauer (sp?) talking about OPMRF on CNBC squawk box this morning. Klauer echoed the positive comments on the stock that he spoke a few weeks agao and said that OPMRF was far out in front of competition on self-scanning product and just completed sale of U-Scan to Walmart. That probably explains the nice movement on the stock this morning. (He did warn that on such low volume, the stock was volatile.) However, I have a couple of questions: (1) Why is OPMRF losing so much money? (2) Is Klauer of Gerald Klauber Mattison the MM on the stock or IPO advisor, i.e. does he have his own selfish reasons for talking up the stock (which he has done now twice)? (3) What is a good entry price? $9? Appreciate any comments.

DH
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