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Strategies & Market Trends : The picks

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To: Shawn Murphy who wrote (1464)1/10/1997 3:26:00 PM
From: Shawn Murphy   of 6124
 
***** To: All ****** RE: THE NEXT "Pick" >>>>>>>>> USBL

first of all I would like to point out that this stock is ONLY for the experienced traders, and that it DOES trade very thinly and the public float is appx. 600,000 shares.. which insider control 200,000 of that.

US BASKETBALL (OBB:USBL)
quote.yahoo.com

Why: this company is in the process of mailing 50,000 information packets to potencial investors, and has plans for a private placement in the next 6 months. The packets go out on Monday.

Price est. I am looking for this one to be at least $5.00

time est. You have to be willing to buy and sit on this for at least
3 months.

DO NOT GO CRAZY, JUST BUY A LITTLE IF YOU ARE INTERESTED.

this should in no way for everyone. If you have made some $$$ with the other picks, it wouldn't hurt to put a LITTLE in USBL.

FYI- I ONLY BOUGHT 3,000 shares today, wich is about half of the volume today.
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