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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: Sidney Reilly who wrote (1243)1/30/1997 4:01:00 PM
From: John Leach   of 30240
 
Bob...

Since I've been watching this stock...a whole 5 0r 6 days now...it moves on very little volume...which is both good and bad...goes up quick, and down just as fast...I think friday there were 8000 shares traded and it went up .50...also this morning the MM's opened with a gap up...52 week high was once 6 3/4 and dropped rather quickly on no volume also...

I just got off the phone with Eric and he expects more announcements to come in the next couple of weeks...there could be some big ones...I'm kind of kicking myself for not getting in last week, but there really wasn't any solid evidence that it was a good investment...I just bought a few hundred shares at 3.00...still don't know if I would recommend this stock...it's still early, but if it doesn't take much volume to make it move, I wonder what it will do when volume increases from the news...

It's a little bit of a gamble at this stage...I will read the entire invstment package this evening and see what I come up with...

john leach
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