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Microcap & Penny Stocks : CLEA, Claire Technologies, Inc.

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To: Mel Spivak who wrote (19)4/17/1996 9:42:00 AM
From: Joan Osland Graffius   of 121
 
Mel, some facts here, the CLEA crew has been around for a while but could not make it because of their inability to penetrate the market. Just to small. An investment group took them under their arm and felt with some help they could make a viable business. The reason I bought was they have this relationship with 3M which is just what the company needed for lots of reasons. Also they have a viable product and timing is right for the product. This is a billion dollar business and CLEA does not need a large piece of the pie to make you and me happy.

Will be interesting. I think with this company we can get early information from Craig on backlog which should give us information on how well they are doing. If we do 10 million this year it would be fantastic. Sounds like 3 or so million is break even. I need to dig into this more.

Yes I think we have a positive risk reward rato here.

Joan
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