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Microcap & Penny Stocks : Jax International (JAXI)

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To: Bert Klimer who wrote (2313)6/21/1998 8:07:00 PM
From: George C. Grasser  Read Replies (2) of 2430
 
ICVI did a reverse split that was 10 for one. Took it from .05› to .50› and then it dropped down to its original starting point.

When it became MTEI, speculators moved in and took it from under a dime to over a dollar in a few days. Profit taking along with doubts and nay pressure took it down to .54, where it seems to have support.

Please don't invest in MTEI on my information. This one is purely speculation. Although personally I am comfortable with the changes made in management.

Best, and good luck,

George
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