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Microcap & Penny Stocks : FutureLink Distribution Corp. (NASD-OTCBB: "FLNK") -- Ignore unavailable to you. Want to Upgrade?


To: The Prophet who wrote (791)11/25/1999 5:02:00 PM
From: Gogo@SI  Read Replies (2) | Respond to of 841
 
One minor correction. Nobody is in this stock since .48 if you take the 5-for-1 reverse split into account, which was performed in May 1999. I'm in also since .42 PRE-R/S, that is 2.10 based on actual shares. the minimum price PRE-R/S was .25, i.e. 1.25 based on current shares.

Nevertheless, it's still an excellent return, about 800% for Brian and almost 1000% for me.

Gogo



To: The Prophet who wrote (791)11/25/1999 7:52:00 PM
From: Brian1970  Read Replies (1) | Respond to of 841
 
Thank you, but I can't take credit for picking a good one, when I also picked 3 lame ones (INNI, ONTV, PABN). I try to spread it around. But also, since the reverse split, my basis became $2.40. So I did buy 2000 at .48, but it became 400 at $2.40. Still, not a bad return.

As far as my decision to stay long, here's what I do. I ask myself if the reason I bought the stock still exists. And for me, it does. I believe in the business model, I think FLNK is a first mover with a good advantage - even though Compaq and others are trying to make inroads here, and I'm impressed at the way this stock has held onto much of its recent growth. It feels good to be on the right side of a stock for once. I also just bought JAWZ. I'm looking forward to that one making some interesting moves. Let me know if you agree.