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Microcap & Penny Stocks : WESC Wasatch Education Systems

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To: Gary H. who wrote (6)8/26/1998 8:16:00 AM
From: Ernest Poe  Read Replies (1) of 32
 
Please post whatever you find out. Here is the info that was sent to me. I think we should see a nice gain today.


WESC

Current Bid .06 ask .08
52 week high. .15
52 week low .03
Outstanding shares: Approx. 3.5 million Shares
Float of shares: Approx. 100,000 Shares
Contact: Barbara Morris C.E.O.


Wasatch Educational Systems develops and markets computer instructional systems (CAI) for the pre-school, elementary, secondary, adult education and home school markets.

WECS has developed several new instructional systems over the last year. The company has been signing new contracts for their systems daily. These contracts include several private elementary schools and many adult educational schools. (i.e. Berkley Collage in New Jersey, University of Wisconsin, Penn State University, Florida State, ETC,)

A financial statement is also expected to be out for WESC in the next two weeks. The final audit is being prepared and the company is expecting earning to be from .12 to .18 cents a share.

The small float in the stock will make WESC a strong and fast mover. Once the news of the earnings and the new contracts start to hit the street we expect to see a rapid increase in the price per share. We are expecting a short term gain up to .75 cents and a long term gain of 1.50.

Have a great day and good luck.

Nothing in this E-mail shall constitute an offer to buy or sell any securities mentioned herein. All investments should be discussed with a qualified investment professional. All statements made are my express opinion and should be treated as such.
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