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Microcap & Penny Stocks : Tracker Corporation America (TRKR)
TRKR 0.00003000.0%Nov 21 9:30 AM EST

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To: julie white malanaphy who wrote (133)8/4/1998 10:42:00 AM
From: Jeff Grossman  Read Replies (2) of 1877
 
I was told that Fahnstock has been on the offer a lot. If we called them, do you really think they'd want to tell us what they are doing? That could ruin their plans.

Yes, I think the stock should be more like $0.20 or $0.25. We're currently only a few cents higher than when the FTC problems were settled. With people expecting good news soon, I would think the stock would go higher. But even with all the volume yesterday, the stock went nowhere (except down briefly). Clearly someone was selling. I'd like to know why. Based on the news released so far and our expectations, the stock should be higher. At $0.14, the market cap is under $4 million. Why are people selling at this price? I guess they don't think TRKR is going higher. The question is, do they know more than we do or less?

>You sound concern and a bit worried. Does Bruce strike you
>as a honest CEO?

I am always concerned with little bulletin board stocks. So far Bruce has given me no reason to doubt him, but I am still concerned about what seems to be a large amount of Tracker shares for sale.

Jeff
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