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Microcap & Penny Stocks : Hearx(EAR)

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To: Jeff G. who wrote (59)1/13/1997 12:58:00 PM
From: Gene Loparco Jr.   of 383
 
Jeffrey-
I disagree with your assessment that the Soros "purchase" was the main reason for HEARx's increase in price. When that happened, the stock went up marginally. Their main push came in the winter last season and had to due with a number of factors (profitability in a quarter for the first time, many new contracts with major healthcare companies, listing on AMEX, etc).

Wenger's companies and hype of these companies should be taken with a grain of salt. I agree with Lee when he says that he is wrong MUCH more often than he is right. There are a number of other things that I don't like about him too. But his show IS good for hearing (no pun intended) about smaller companies that you wouldn't know about otherwise. You need to do the research and figure out which ones have potential and which ones are just a paycheck for Jerry. The only other stock, out of the dozens he hypes, that I am invested in is Say Yes Foods (MILK). Might be worth a look, if you're interested.

Remember, though to always do your own research...

-Gene
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