CLSI: Clancy Systems International Message Board

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Microcap & Penny Stocks : CLSI: Clancy Systems International

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To: Tazman who wrote ()	2/28/1999 11:24:00 AM
From: Lazarus	Read Replies (1) of 101

Bill - CLSI is a good little company.... but they have 800 million Authorized and you know the OS. Furthemore I have spoke with the company and they told me that they planned at some point on doing a reverse split. While you dont have to worry about liquidity..the spread is punitive. Also you have to do the math and know how much you are paying for what you get. At todays price of .008 which appears cheap...you would have to pay around $25,600.00 to own 1% of the company. There are a lot better buys out there. For example: ELXC has only 2.2 mill os and you can own 1% of the company for $1,600.00.[BUT NOT FOR LONG ...] So even thoough ELXC is exactly 10 times the price on the ask - you get 16 times more of the company for the same amount of $$. Lazarus

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