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Microcap & Penny Stocks : Docucon ( DOCU )
DOCU 68.86-1.1%3:32 PM EST

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To: Mita Raoljani who wrote (127)1/2/1997 1:49:00 PM
From: Paul Schmidt   of 510
 
Mita, I think DOCU will do fine but I hope people don't have unrealistic expectations. Like I said in an earlier post I think this is a $2-3 dollar stock but not any higher unless they start pulling in more huge contracts. I also speculated that it could hit $30 if the y2k hype continues but that is really just pure speculation and now that I evaluate the y2k situation I think I think the hype is over and we will see big drops in ZITL, ACLY et al next week after ZITL earnings report. Today I shorted ZITL at 46 so I hope I am right or I will get burned. Docu is a good little company without any y2k hype and it deserves a higher price based on revenue and earnings. I hope the best for it. Long at 1.25.
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