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Microcap & Penny Stocks : Pennies "ONLY"
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To: Natasha_Kidd who wrote (140)11/19/1998 9:20:00 AM
From: Chuck Delo  Read Replies (1) of 152
 
Take a look at CDRM. Their quarterly report just came out. At the end of the report they state that they are being bought out by Frontline Communications for 5.9mil. CDRM has 8.36Mil shares outstanding. With the buyout the shares are worth 70+ cents. CDRM is presently selling at .15-.20. Looks to be a good gamble. If the buyout comes through it's money in the bank.
Chuck
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