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Microcap & Penny Stocks : NPCT (old SUNY)
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To: Joe Copia who wrote ()7/24/1998 3:44:00 PM
From: RavenCrazy  Read Replies (3) of 1275
 
The news release --

I didn't ask zekel's permission because of its being so close to market close, but to whoever it was who was concerned about the timing of the news, zekel had some thoughts, as follows:

quoting from Raging Bull:

Thanks Raven and thanks Kathy! I would like to respond to the person on the SI board complaining about
a release coming on a Friday. My experience has been that it doesn't make any difference whatsoever.
Take for example one that many here are familiar with: DCHT. The last couple of news releases on
DCHT which were released on weekends gave us all time to digest the information, talk about the pro's
and con's and subsequently sent the stock skyrocketing on the opening bell. I suppose it is all a matter of
perspective, but for me I can't see for the life of me why a company wouldn't put out good news as soon
as they could relay it to the investor community. Delaying news (i.e. waiting till Monday) seems a bit
deceptive to me and would only indicate insiders lining up all the trades for first thing at the opening bell.
By releasing this thing on a Friday, we all have time to go to the bank, research, and make a balanced
informed decision instead of just jumping on the hype.

Just rambling my thoughts......

regards;

zekel
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