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Microcap & Penny Stocks : NPCT (old SUNY)

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To: L. R. Hamilton who wrote (380)12/15/1998 9:20:00 PM
From: Bill Pearson  Read Replies (1) of 1275
 
LR - Haven't we been suggesting for some time now that one would follow the other...most likely downhill?

Unless Lance Forte (and other paid promoters) are successful in driving (hyping) this puppy back to $1+, so he/they can unload his/their currently restricted shares (once they become free trading in early 1999) I don't see any fundamental reason for the price to go up anytime soon...unfortunately (I'm still sitting on margined NPCT shares myself).

However - there appear to be forces that impact share price that have nothing to do with legitimate fundamental value, or even market perceptions, so one never knows what a stock's price will be in the future.

It sure would be nice to see someone, anyone, see enough value in NPCT/INCE to want to actually enter into a licensing agreement. I suspect nothing is too close at hand though given Gil Olachea's recent departure, and his voluntary relinquishment of all optioned shares. He walked away from a bundle if a deal was imminent, and that wouldn't make a whole lot of sense, even if some say there wasn't a perfect fit between Gil and the position for which he was hired.

We wait some more.......
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