The Real Micro-penny- Less then one penny!! Message Board

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Microcap & Penny Stocks : The Real Micro-penny- Less then one penny!!

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To: Chloe R who wrote (9)	6/23/1998 2:47:00 PM
From: Jason Riche	Read Replies (1) of 906

I agree these stocks are very risky. But it will be interesting to see what happens. Here is one: it is Old America Stores(OASIQ) Current .007 Bid .007 Ask 0.01 1 year high $2.50 shares outstanding aprox. 4.5 mil here is a profile i got from Lycos. Old America Stores, Inc. is a specialty retailer of home decorating products and arts and craft items. Products include picture frames and prints, silk and dried flowers, with framing and floral arranging services. For the 40 weeks ended 11/08/97, net sales fell 16% to $75.6M. Net loss totalled $36.4M, up from $807K. Results reflect higher out-of-stock positions and reduced advertising. Higher loss also reflects $18.6M in restructuring charges. Jason

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