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Microcap & Penny Stocks : NORRIS COMM - Flash Disk OS

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To: Stephen Goldfarb who wrote (354)12/12/1996 10:45:00 AM
From: Mike Baker   of 523
 
I just read thru some more posts. Am I to believe they sold 20+million more shares? Even if they did manage to squeak out some profits from their new product (the end of 97- yea, sure) how would it ever get to the shareholders? They must have tons of debt right now, expensive financing with bankers that have them by the *alls, sooo many shares, overwhelming competition with better and cheaper, more reliable products. It's like me trying to start a cereal company to compete against Kelloggs and general mills. It just can't happen. Hope is a good thing, but not in the case of trying to will a dying company back to prosperity. They are always going to sound positive at shareholders meetings. Do what you guys want to, but try to be realistic. The company probably has a 1 in 50 chance right now of NOT going bankrupt.
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