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Microcap & Penny Stocks : NuOasis (NUOA) formerly NONA

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To: Khris Smith who wrote (977)3/1/1999 9:58:00 AM
From: Jerry Silver  Read Replies (1) of 1622
 
Just like most of the other posters here, I have owned shares for a long time & held foolishly as their value plummeted. This company was probably under-capitalized since the beginning and so every minor mishap has become a major setback. It seems to me that if the casino in Hammamet and the hotel in Gammarth become even close to profitable, the price of the shares should go up. What the business with OAIS means escapes me. I suppose that NUOA can now buy up the rest of the shares of that company on the cheap, if the financing comes through and the hotel starts to produce a cash flow. But since the current value of our shares is negligible, I'm holding on for curiosity.
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