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Microcap & Penny Stocks : SAU (Substance Abuse Technologies)

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To: Burkhard Brinkmann who wrote (5)3/15/1997 3:12:00 PM
From: waxman   of 62
 
Well, at least the trend downward was finally broken this week. I mean, the thing seemed to be down 1/16 every day for a long time there. I can't see it trading down to 1.25, so the bottom is probably near. I'm holding for now. Next quarter's report should at least hint at when the company will become profitable. The prospects now are certainly better than last year when it traded up to ~$3.50. No real volume either lately, which causes me less concern than if it were dropping on steady 100K+ volume. On the days of higher volume, the stock seems to do fine. Anyone else holding (or buying, or selling) out there?
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