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Microcap & Penny Stocks : USSP... Undiscovered Internet Stock
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To: M. Charles Swope who wrote (3)11/21/1998 10:52:00 PM
From: chalu2  Read Replies (1) of 20
 
I can't find any evidence that this is a fully reporting company, but maybe I'm missing something. I can find insider reports that show director Bergman is selling shares. Is he still an officer of the company? My guess is that this company is not well funded--hence the low stock price. Undercapitalization is the primary reason small public companies fail. If the market is good, it will attract well-capitalized players; usually, the better bet is on one of them.

This stock was as high as $1.50 earlier this year. The steep decline must also give one pause.
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