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Microcap & Penny Stocks : MSU CORP-----MUCP -- Ignore unavailable to you. Want to Upgrade?

To: ThirdEye who wrote (4475)	7/7/1999 8:19:00 PM
From: Buendia	Respond to of 6180

They're getting ready, like all of us, to take advantage of the pop to 20 and above! Bd

To: ThirdEye who wrote (4475)	7/7/1999 8:27:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 6180

Thirdeye, Ok, so now you've proven to you know how to look at a resource and locate 144 sales.... <VBG> Now let's look at who were all of those people filing to sell in small to medium quantities?? And does the insider buying from last fall matter at all?? In fact, who was the brokerage that handled the majority, if not ALL, of those 144 sales for their clients?? Same one wasn't it?.. <VBG> Is that significant? I'll give you a hint.... their firm starts with a "C", and their clients are investors who put money into a convertible bridge loan that MSU desperately needed years ago. They converted when that firm was replaced by May-Davis. And something that I like to keep in mind is the fact that, had May-Davis' dilutive version of a private placement gone through in May, we'd be facing a surge of additional overhead supply. May-Davis was apparently trying to get their placement convertible within 60 days of closing (which was June 30th). MSU opted for a regular 144 placement with 12 month restrictions (from what I understand), and no placement charges being charged by the investment bank. So if May-Davis is a little torqued, so be it. I remember talking to one of their sales managers about why the stock was getting hammered back in March-April. He said they weren't concerned about the stock price and that after they got things together in May, it wouldn't matter. What he really meant, in my opinion, is that M-D was not overly interested in supporting the stock price (except to permit their clients to make a quick buck that could be flipped over into the actual placement, again in my opinion). So it was in there interest to keep the price of the stock down so that their clients could strike a more dilutive deal at lower prices, with the added advantage that once these clients converted there would be additional revenue generating opportunities from trade commissions on several million shares of stock held by their clients. I just love the equities market... It's so downright cut-throat and manipulative. I think MSU management took a chance of burning their bridges with M-D, but from my perspective that was one bridge that wasn't built very well to begin with. And I think the stock will come out stronger and more supported under the current restricted 144 placement plan. Again, my comments above are my opinion, based upon my analysis of the situation Regards, Ron