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Microcap & Penny Stocks : NYRR,What is going on? -- Ignore unavailable to you. Want to Upgrade?

To: mivicap who wrote (3951)	6/8/1999 4:28:00 PM
From: judge	Read Replies (1) \| Respond to of 4304

I agree.. something is going on.. Stock is holding up pretty well after its toward run over the dollar mark.. many rumors. but we haven't seen anything factual.. still holding onto some shares.. j

To: mivicap who wrote (3951)	6/8/1999 10:10:00 PM
From: Dwayne Hines	Respond to of 4304

Risk & reward are what make penny stocks so fantastic. By assuming more risk, you also assume more reward. If you throw your money into a bank, you have a very low level of risk - and a correspondingly low level of reward; maybe 3%-4%. Put your money into the larger cap stocks, and get a higher risk, but also a higher reward, such as 12%. Small caps, the risk is even higher, but so is the reward - around 17% to 20%. And microcaps have an even higher risk, and the corresponding higher reward. That is what makes penny stocks so exciting - the opportunity to go beyond the normal. Yes, many pennies flop - the high risk is real. But some make it - big. If I remember correctly, IOMEGA went from 54 cents to 54 dollars in 18 months. And I think that Webcrawler went from $1 to $36. The last penny stock I sold out of about a month or so ago I made roughly 1500% on. Much better than the bank or local credit union, I think. And NYRR has made it big - some of us got in for as low as 7 cents. NYRR is a big winner for us. Yet I think it still has strong potential. Some pennies make it over the hill - I think the little train can.