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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: Emec who wrote (726)8/17/1998 3:45:00 PM
From: brodway  Read Replies (1) of 1058
 
David..................
You are indeed correct. I got a call today from a friend who has followed MEGW for some time, much longer than i have. Supposedly the BIG news we all have been waiting for should hit this week. I would assume it should come early in the week, as most good news usually hits the street early in order to allow the market to respond to it. I wouldnt be surprised to see it on the open tommorrow or Wednesday.
In any event, it has been frustrating sitting there waiting for something to happen, as we have not seen any positive price movement for some time now. One thing i do have to note, however, is that it seems as if $3 is some kind of brick wall support level, as it has bounced of that level at least twice. At least thats a big positive, considering the market overall has performed horribly, especially in the small cap arena.
I hope all of our patience and investor confidence will be rewarded soon. I have a feeling it will.

Wishing you the best of luck,

Brodway.
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