CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT& Message Board

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Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT&

CRNC 11.74

-3.0%

Jan 16 9:30 AM EST

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To: Tazman who wrote (65)	10/26/1998 10:29:00 PM
From: Jim B	Read Replies (1) of 694

yes, MMs are screwing this stock completely right now.. but an investigation has NEVER helped a stock that I have ever seen.. unless the COMPANY is a scam.. it's not worth it... stock gets halted and we can't trade it for months and months.. MMs screwed INFE as well with a spread .16 x .32 and .50 x .75 at different times!! you think anyone wanted that stock??? NOPE! but then all of a sudden heavy buying came in and MMs were FORCED to take the stock up and tighten the spread... the stock almost hit $5.00 within a couple weeks... although I do remember the spread still always seemed to remain about 25cents or so... but it did get alot better percentage wise.. someone earlier stated they think the ask will hit 3/8. I doubt it.. if it does, I'll double my position as I'm in at 5/8 and not really worried.. I remember INFE took about 2 months of sitting around 15 to 30cents before it took off. interest had to build and then all of a sudden it went crazy on a couple PRs... about the same size float as well.. that stock has since fallen due to heavy profit taking and unmet expectations... but it didn't rise and fall in one day or even one week.. PLENTY of time for investors to have made money on it unless they got greedy. thus, I'm holding CRNC and again don't expect to have to wait too long before we see some very good movement upwards with this stock.. we'd be over $1.00 by now if MMs had only tightened the spread late last week when we saw 9/16 x 15/16! stock opened with a buy at 15/16 but no one else wanted to buy with that spread... AT LEAST we're now seeing 1/2 x 9/16! best spread we've had since I've been in this stock... let's see if the buying comes in whether or not the MMs keep it tight or whether they take the ask up and leave the bid sitting at 1/2. I haven't sold and certainly wont sell at a loss. GOod things come to those who wait with this one imho.. of course, I'm not the deciding factor, the company's performance is... but I think it's safe to say that CRNC is certainly going to do a good job and get shareholder value up and up. jim

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