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Microcap & Penny Stocks : Infonow INOW, Report over 3X earnings. -- Ignore unavailable to you. Want to Upgrade?

To: smueller who wrote (49)	7/14/1999 6:45:00 AM
From: Glenn Petersen	Read Replies (1) \| Respond to of 80

INOW has generally sold off whenever they have reported news. I suspect (hope?) that this time will be different if they actually report profits. I don't know Kevin Andrew, just called him up. Very forthcoming. You get the impression that these guys are focused on their business and not overly concerned about the current valuation, except to the extent that it makes their fund raising more expensive. They are not going to "hype" the stock and are confident that the valuation issue will work itself out in the long run. Kevin did express the thought that they talk about the valuation that they would be getting if they were doing an IPO in the current environment. If the stock does pop on the earnings news, I may sell part of my holdings and wait for the valuation issue to work itself out.