Phoenix resources technologies, selling at .10 book Message Board

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Microcap & Penny Stocks : Phoenix resources technologies, selling at .10 book

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To: Michael Burt who wrote (18)	12/17/1996 6:44:00 PM
From: joe j jellison	of 20

It was not long a go there was a report on the Wall street edge. This report stating it as a buy going to 1.50. I bought more. Now it has fallen like a rock. From the latest report from a service co In Cal. All was well. Certainly any thing to do with oil and gas will be good for years to come. I am going to call them tomorrow. I thought this was a cheap way to get in the oil busines. Maybe it will be very expensive way.I have 40000 shares on 39 cents average. I will get back if I hear any news. JOE

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