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Microcap & Penny Stocks : IELSF-Flight to Fortune Or?
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To: SAF who wrote (316)7/28/1998 8:39:00 AM
From: hcm1943  Read Replies (1) of 520
 
small cap stocks have been out of favor for over two yrs, anal ists have be extoling the bigcaps for so long I dont know when the small guys will rally, when they do, I think the IEL story is one of the best around and will participate. I am hoping when we get the next airline it will cause some investors to look at IEL as a rational investment.
BTW I spoke to Mike Irwin last night and was told that unless the company was desperate for money they would not use the put financing at these levels also they would leg into the money so that if the investor were to sell the stock as Zeev believes in a "floorless" manner, they would not do another round.
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