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Microcap & Penny Stocks : MCLL Metrocall

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To: regine who wrote (9)1/2/1997 12:35:00 AM
From: MLAHR   of 266
 
If Metrocall gets back up to $10 soon, I will think about retirement (I'm 34) :-) I've been buying and selling MCLL since its $19-$21 range early last year. I could always count on making my rent payment each month. I'd buy at $19, and sell at $20.

In my opinion, MCLL started buying too many smaller paging Company's too fast which didn't look good on paper. When expected earnings didn't happen, they started to drop like a big bad rock. The big dip came when MCLL announced that the Company would not show a profit for the rest of '96.

We are past that now.... :-)
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