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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: Joseph Lanza who wrote (413)2/26/1997 12:32:00 PM
From: dave shefsky   of 3967
 
Joe,

Your response was very clear and understandable on the shorting. Thanks for the explanation. I look forward to Addi's reply. Why would MMs or whoever short a stock that is already under a $1? I would think the potential gains are minimal.

Do you have any idea how low Xecom price will go down? I am actually hoping the stock price goes down a little more so I can buy some more.

Even though I believe investing in Xecom is risky (although at the current price, how much could you lose .75 to 0), if anyone on this thread has read Peter Lynch, Xecom has a pretty good story line to it. Things seem to be improving for Xecom and there is a lot of potential if you believe there is a market for providing phone service at army and air force bases. Even though I own Xecom stock, I would definitely recommend people doing as much DD as possible on Xecom before investing and getting a good idea of the business and both sides of the story.

I have a question for Dan Perlow. What is your current opinion of Xecom's future and are you long on the stock?
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