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Microcap & Penny Stocks : CGCOC - New Web Portal

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To: Ed Swanson who wrote (45)1/30/1999 10:53:00 PM
From: Patentlawmeister  Read Replies (1) of 95
 
1) I'm a novice at this myself, so can somebody tell me this -- take a stock like Accent Software (ACNTF) -- they've been trading for less than $1.00 for God knows how long and they remain on the supplemental OTC, no problem. What's the deal with the $1.00 rule?

2) The word is that trading will start at about 10:30 on Monday (according to the company). Also, keep in mind it was not halted on the Boston Exchange.

3) I jumped in on Friday, after the announcement, figuring that with a book value of $1.65, the risk isn't all that bad. Hey, if CMOZ is worth $120-200M, with zero assets (as far as I know), this should be worth at least book value, about $17M.
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