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Microcap & Penny Stocks : Quest Patent Research Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Jim Shattuck who wrote (156)	8/12/1999 10:06:00 PM
From: mwh	Respond to of 267

QUEST PRODUCTS (OTC BB:QPRC): The stock closed down 6.52% to finish at $0.043 on 3.56 million shares changing hands. There was initially some selling this morning, much of which consisted of small blocks indicative of Market Makers exchanging shares to shake the weak out. They were successful in shaking out weak hands pushing the price down to the $0.039 level. These shares were readily consumed and also induced selling from nervous hands thinking they would take advantage of slightly higher levels to liquidate some shares. There was active liquidation from that point on, selling at the $0.043 level and heavy signs of accumulation at the $0.044 level. The tight spread of only 1/10 is lending someone a prime opportunity to accumulate shares at relatively low levels. We expect this type of accumulation to continue until base is well in place or news from the company suggests anything different. Company developments will unfold accordingly, with QPRC first public display of the existence of their new sunglasses at quest-products.com. The company is working on various possibilities as it relates to the licensing/marketing of the patented sunglasses. They will not be rushed and will explore all avenues and ultimately do what is in the best interest of the company, and eventually the best interest of the shareholders. Phase-out is a REAL product on the shelves with current negotiations for more extensive marketing and the technology as it pertains to the sunglasses also exist and will materialize. QPRC is also rated a hold with potential buying opportunities for the patient investors. --------------------------------------------------------------- Copyright 1999, analystgroup.com. All rights reserved. Persons may reprint or copy any portion of this publication, provided any reprint or copy is accompanied by our web address (http://www.analystgroup.com).