SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50] -- Ignore unavailable to you. Want to Upgrade?


To: Richard Nisbet who wrote (2691)9/21/1999 1:49:00 PM
From: Rande Is  Respond to of 4766
 
Good to see you, Coach. . . .I don't know the reason for the sudden interest. . . so I would not trade on it. . . as I like to know WHY before I move money around and line my broker's pockets. . .As I understand it, they have recently released a few new Y2K compliant products. . .but that wouldn't bring this sort of interest.

However, in the last company newsletter, the CEO mentioned "new products" that were slated for release third quarter. Could it be insider buying that is bidding the price up, based on these new products? I don't know. They have a month or two before they are required to submit a filing to the SEC, if so.

I am seeing individual investor interest growing, and many are "playing" the stock up and down. . .so it is possible that the increase is due to supply and demand on stock. . .

3rd Q numbers aren't due for a while yet. . . .and as you point out, the company NEVER releases press about itself. . .so it is doubtful that this is a run before news. . . also, the move has been slow and steady, which implies accumulation.

The only thing we know for sure is that the move is preceding its reason. But that tells us nothing of what to expect.

I know that does not answer your question, but it is a fair assessment.

Oh. . .all right. . . I'll venture a hypothesis. My guess is that the new products to be released include the Y2K compliant city government suite for the Linux operating system. But that is merely a guess.

Rande Is