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Microcap & Penny Stocks : INNI-I/NET

INNI 0.0120

0.0%

Jan 23 9:30 AM EST

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To: Trace who wrote (129)	6/16/1998 1:01:00 PM
From: Yongzhi Yang	Read Replies (1) of 1856

When the stock was above 0.30, I told several friends (including those I don't know but sent me private messages over SI) to wait and buy when it pulls back to 0.25-0.26. A friend sold his 50K shares at 0.33 but I told him I was too chicken to sell at that level (I am not a good day trader), although I believed it would pull back to 0.25-0.26. The end of July is a long time to wait for a lot of people. I don't expect the stock go up too much before that time unless other news come out before the netscape server release. Finally, let me cut and paste the last paragraph of my post #72 here: "Mr. Markee indicated that the 2nd quarter is a transition period and is a difficult quarter. Therefore the price of the stock may continue to go down until things start to happen in the third quarter. On the other hand, this might be a good time for us to quietly accumulating shares." Sorry (for the longs) that I may discouraged some people (who are looking for quick money) from buying this stock right now since I mentioned "end of July is a long time to wait". But I believe the price will go up significantly once the news and the revenue start to come in. I am patiently waiting. Good luck, yongzhi

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