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Microcap & Penny Stocks : UPCA - Uniprime Capital Acceptance, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (218)	7/23/1999 10:22:00 AM
From: Michael E. Baldino	Read Replies (2) \| Respond to of 640

heck..why wait...here is a cut and paste: Superstockpick Newsletter April 3, 1999 Volume II, Issue 19 Email : info@superstockpick.com URL : superstockpick.com To Superstockpick Members: We hope you are all enjoying a nice holiday weekend. On Thursday, prior to the market closing, there was news on Uniprime Capital Acceptance (OTC BB: UPCA), the company we featured as a turn around candidate last month. Before we cover that, one quick point about our last issue. We mentioned early in our last issue that 1st Net and Ceco Environmental were our favorite stocks of 1999. We received a lot of inquiries about Engineering Power (OTC BB: EGPDF) as a result of that statement. We know that a lot of our members own positions in Engineering. Don't mistake this comment for a lack of belief in Engineering. CECO and FNTT may be our favorite stocks because they have traded well, but EGPDF could well be our favorite company. Management is extremely frustrated by the level that the stock is currently trading at, and is totally committed to doing whatever it takes to expose the company to enough investors to get the stock to the $4 level so that they can apply for the NASDAQ listing. They have budgeted a substantial amount of capital for a major PR campaign, but it will take a month or two to move it forward. Remember, our theme is to profile companies that we feel could double or triple in one to two years. Have some patience. It is very difficult to predict where stocks will trade in the short term. ---------- Uniprime Capital Acceptance On Thursday of this past week, Uniprime announced that they had begun the million share stock buy back program that they had previously announced. They also announced that there first two dealership acquisitions will close in the month of April. We spoke with Gary Tabb, the president on Thursday about the buy back program. According to SEC regulations, the company is only allowed to buy back a limited amount of stock on a weekly basis. When the trades are actually placed, they must be limit orders below the ask price of the stock. If the Company had its way, they would simply go out and buy back the million shares in open market purchases immediately. The SEC regulations are designed to prevent companies from manipulating the price of their shares with their own money. In our conversation, Gary indicated that the company will continue to buy back the maximum allowed by SEC regulations as long as the stock is under $2, and possibly even higher as they acquire more dealerships. If you wish to read the entire text of the press release CLICK HERE. If you have an interest in following the progress of Uniprime, Click Here here to sign up on their mailing list. Enjoy the remainder of the Holiday Weekend.

To: LTK007 who wrote (218)	7/23/1999 11:00:00 AM
From: Robert B.	Read Replies (1) \| Respond to of 640

Max, I disagree. Calling the company is an important part of due diligence. First, you can find out if they even answer the phone. Secondly, it is usually pretty easy to tell if they are lying or not. Of course, there are some good liars out there. With these OTCBB stocks, it is best to confirm what the company tells you or to at least wait to buy in when the stock is at a "low" to reduce your risk. Here's a few good posts from "The Big Tex House of Coin" that should help all short-term investors with DD and decision making. Message 9950233 Message 10200711 ...and no we are not cronies over there! We just get in low and/or early on stocks and make money. No crime there! Mostly, we just joke around and talk sports and stuff. -Robert "squeaky clean" B.