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Microcap & Penny Stocks : Electronic Clearing House Inc

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To: majormember who wrote (356)11/30/1998 8:44:00 PM
From: Ken W  Read Replies (3) of 1038
 
Skane,

You may also add my name to the list of persons holding ECHO. I net stocks with earnings are a rare sight indeed.

For those that are worried about today's market...it is common practice for the dow etc. to fall 10 to 12% after making a new high. The folks that run this show have been doing this for a long time and they pull the strings. It always amazes me how we, the little guy, run for the hills and start looking for bears evertime the dow goes down a little. The damn thing is only 30 stocks folks the NASD is more stocks but look at the ones that are in the Index. DELL etc. The entire market is not tanking because DELL, HWP DIS CAT etc lose some ground.

The I net stocks have had a tremendous move in the last week and profit taking was going to happen, no matter what. The sector is not dead or even dying, just resting for a day or two. ECHO did exactly what we expected it to. gapped, filled the gap, ran, the greedy ones got out and are now out of the way. Now it is our turn.

Ken
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