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Microcap & Penny Stocks : DataFlex (DFLX)- moving up

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To: Amjad who wrote (18)12/9/1996 6:16:00 PM
From: Stu E.   of 44
 
Amjad, DFLX has had a checkered past and as indicated in the newsletter you refeenced they bit off more than they couuld chew with their acquistions.

I'm encouraged, howeve, that Al Frank of the Prudent Speculator newsletter is recommending the stock now that it looks like they have recognized that bigger is not always better and they are trimming back but have apparently kept a high growth division.

I posted DFlX's latest quarterly earnings (post #14) and it looks to me that if not for the writedown for the sale of the divisions they would have had a profit ot > $.20.

I'm thinking of buying some shares also.

Good Luck and happy investing/trading.
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