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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Lee Walsh who wrote (10957)7/6/1998 9:58:00 AM
From: Greg Jung  Read Replies (1) of 120523
 
Are you the "stock of the month guy??" or same stock
every two weeks?

"I know about a company ... "

exchange2000.com

for convenience, an excerpt:

I know about a company that is 2 days away from making it to the NASDAQ small cap
market.....and off the BB.....they have already met the 22 day qualifying period of over $4....but
the stock dipped slightly below $4 ($3.875) this week, because of a MM short (PILL) and the
NASDAQ would like see them close at or above $4 bid on Monday..(it did close at $4
Friday)....The stock is thinly traded on the BB, with a float of only about 1.5 million.....They are
profitable and expanding......The COO/CFO has been talking to and lining up fund managers
and brokers for the last 6 months in anticipation of making it to the NASDAQ, and they have
a lot of support when they get there, but the funds cannot buy until they are off the
BB.....They are very confident that the stock will be at $5 to $6 minimum, and marginable,
within a week or 2 of getting on the NASDAQ.... .They are fully reporting, and just got a 3
million influx of capital to triple revenues.....
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