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Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT&
CRNC 8.420-1.3%1:22 PM EST

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To: DuGen who wrote (7)10/22/1998 2:37:00 PM
From: myturn  Read Replies (1) of 694
 
Du Gen, all of the information is directly from the CEO.

Please call Mr. Whitman and confirm everything with him.

The numbers are correct. Now the 90% I believe is from the Web Site.

On the Web Site. The Web Site also says there is only 100k in the float. I question him about that issue. His reply is the additional shares added to the float come from the 504 which people purchased at $3.81.

That is how it has jumped from 100k to over 970k. Those people bought at $3.81

I never asked the percentage of what is what or who owns how much, but those are the exact numbers.

Small float and it does move fast.

One should use caution on any investment no matter if it is small float or a large float.

News coming soon is what I have been told. In the meantime, I think we could all make some money because I am hearing rumors of someone in dire need of some shares.

We could force that individual to cover real quick once we get past $1.00, which could propel us to $3-$4 real quick.

I watched INFE run from .20 to over $7.00 in a matter of days cause someone had to cover and the float was extremely small.
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