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Microcap & Penny Stocks : Microtel, benefitting from the Telecom Bill
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To: ed doell who wrote (95)5/18/1999 11:58:00 PM
From: Mr. Sunshine  Read Replies (1) of 189
 
To All:

Under the old symbol (MCTL) that probably was the last trade, and under that symbol there has been no volume today. So it is correct, but outdated. Yes, somebody should get hold of SI and have them change the symbol to MCTLC, although it could change back to MCTL in the not so distant future.

I bought a small position here after seeing an advertisement in Individual Investor last month and then doing my DD. I would like to buy more, but a message at Microtel several weeks ago did not produce any investor packages, and a phone call to the IR company listed on the advertisement last week also has not had results. The guy assured me it would be in the mail!

Yesterday I read this entire thread. Nothing changes, expect for the stock price, and that's in the wrong direction. For two years it has been "they will be profitable next quarter". At these prices, I am sure a lot of investors are watching this company, but after two years of disappointments I bet most of them are sitting on the sidelines until we get a profitable year or at least 2 profitable quarters in a row. But when that happens, this could be a 10 bagger within one or two years.

Lots that I like about this company, and lots that I do not like, but the bottom line is that the risk/reward ratio is worth the risk. If I ever get that investor package I will probably buy significantly more.

Best Regards,

Steve
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