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Microcap & Penny Stocks : Spa Faucet (DRIP)

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To: Lee N who wrote (138)5/24/1999 12:31:00 PM
From: Mahatmabenfoo   of 141
 
Remember HMAT, the company that was going to buy SPA?

It used to manage some real estate (so faucets were going to be "synergy"), and now has decided it is a high tech company. It's made an investment in few stocks, including SCKT about which I have hopes.

But HMAT sank to the 50 cent range after the SPA debacle, and suddenly... over the past 2 days... has rocketed to $1.18.

I don't know what it means, 'cept that I wish now I had bought HMAT instead of SCKT, although the latter is a real company with real products that should go somewhere.

- Charles
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