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Microcap & Penny Stocks : Perceptronics (PCTR)

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To: GARY P GROBBEL who wrote (464)1/25/1999 7:56:00 PM
From: William Nehls  Read Replies (1) of 575
 
Gary, Just want to thank you for the valuable postings you have made on PCTR. I just joined SI but have read it for over a year. FYI I have been a shareholder of PCTR since 1994 (don't ask my ROI) and have been adding to my position steadily for several months. Didn't buy today or yesterday but have purchased 40000 share since November.
I know of major holdings at R.J.Steichen in Minneapolis MN via a broker named Mark Strangis. At least 800000shares outside my holdings which I recently moved to ETrade. Do you or anyone here at SI speak to CEO or CFO of Perceptronics? Only other info I can add is that some friends hold close to 20000 shares. With float so small I have often wondered what would happen if we all asked for share delivery since stock can't be used in a margin account. Would like to see MM's scramble to come up with shares.
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