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Microcap & Penny Stocks : BASHERS POST THEM HERE!!!!!

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To: Dave Gore who wrote (93)6/30/1998 9:57:00 AM
From: CatLady  Read Replies (1) of 390
 
On PKGP, a snippet of the news release:

PLAINVIEW, NY--(BUSINESS WIRE)--June 30, 1998--PACKAGING PLUS SERVICES, INC. (OTC BB:PKGP) today announced a reverse stock split of its Class 'A' common shares. The Company will exchange one (1) newly issued share for seventy (70) currently outstanding shares. Effective today, the shares will trade under the Company's new name, UNIVERSAL EXPRESS, INC. and new Symbol: USXP.

go2net.newsalert.com

So, it seems to me that anyone who was hyping PKGP in the last couple of months was not doing the individual investor any favors.

Perhaps the 'bashers' were right about that one, eh?
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