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Microcap & Penny Stocks : IELSF-Flight to Fortune Or?

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To: SAF who wrote (273)7/17/1998 9:33:00 AM
From: SAF  Read Replies (1) of 520
 
All,

Does anybody have an answer as to why we get a big announcement and
a run-up to 4+, followed by a complete retrace back to the old
trading channel? There was alot of excitement and huge volume,
now there is no excitement and the volume has dwindled back to
where it used to be. If this stock is going to take off, we need
mgmt to step up and tell us what's going on. BTW, WHEN DO WE GET
TO SEE THE EARNINGS REPORT????

I do see that since about June 25, the stock price is going down
but the money flow is in an upward path. Lately, it has been
in a downward direction, but still up from the 25th. Often times,
this is very positive, however, I am starting to get real gunshy
about this company and their lack of keeping us informed.

Any thoughts?

SAF
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