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Microcap & Penny Stocks : NORRIS COMM - Flash Disk OS

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To: JAMES F. CLASPILL III who wrote (360)12/13/1996 1:14:00 AM
From: Mike Baker   of 523
 
I "registered" a long time ago and don't remember being asked too many questions. Your comment about being a broker looking for a quick buck leads me to believe you are down in the stock, and perhaps bitter and trying to blame brokers,shorters, posters etc. You may have a chance to recover part of your money, maybe it will go up 200-300% so you can get back to even. There is bound to be more and more skepticism, anger, mistrust, and litigation over this 3 ring circus
going on over there. Don't blame me for trying to point out that this company is a LONG way from ever making a profit, their credibility is about nil, and the stock is at 5/8, down every year for the past 6 (When I was in mostly). You can listen to the guy whose job depends on you believing him spin something positive on this. If they do indeed have no debt thats's great... for the people who depend on money from the company for saleries and the landlord.
Of course, this means the shares got horribly diluted and the shareholders got screwed. Final question- Would you rather make a quick return on your money (ie the market this year) or put your money into a company like Norris and watch as your investment goes DOWN 50-75 % over an agononizing lenghth of time. I'm out of speculative watered down risk like this because I DO want to make a return. Would you really recommend this stock to a friend?
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