Ugly Ducklings- DD of the obscure and out of favor Message Board

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Microcap & Penny Stocks : Ugly Ducklings- DD of the obscure and out of favor

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To: PitBull who wrote (35)	7/22/1998 10:34:00 PM
From: John Liu	of 102

Too bad it has a big stock outstanding # or else it might be interesting. I usually try in the penny field to stick with the Manufactoring/R&D companies since it seems tough in the retailing field. I usually look for a company with a potent patent in which they just finish R&D and is not ready to possibly explode onto the field. Has anyone got any penny stock that invested in or looked at but did not buy which went onto becoming a $5+ stock? See if any traits to the sucessful penny stock(used to be). My only really big hit which I investigated(but did not buy) was uswda which was at the time being hit hard by lawsuits(from previous investors/shareholders). I liked their product but was troubled by the financial/legal problems. So I didn't buy any one year later check up on them again and they were around $5(was .125 or 1/8, OUCH). This showed me that in the future to still stay with a company(at least keep on watch list) even if in financial/legal problems if still believe their technology had a good chance. John

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