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Microcap & Penny Stocks : PCTR-Perceptronics -- Ignore unavailable to you. Want to Upgrade?

To: SgtPepper who wrote (623)	3/15/2000 10:25:00 PM
From: Eric Fader	Read Replies (1) \| Respond to of 710

Sgt - I believe the recent attention paid to the OTC-BB by CNBC, Forbes, CBS Marketwatch and others has helped bring big money out of the shadows and into Canadian short-selling accounts and hedge funds. It doesn't take a great brain to see that there's easy money to be made shorting all the outlandishly overcapitalized perpetual penny stocks with swollen floats, like ADVR, BICO, SFAD, ADGI and their ilk. It was obvious to me that the indiscriminate buying of hyped garbage by naive former Amazon and Cisco owners would have to end sometime, and that loud sucking sound we've heard the past few days is lots of "dumb money" leaving other micros in a spillover effect. Once things stabilize, the solid little companies will recover and perhaps become solid medium-size companies, and the garbage stocks will be well on their way back to bid .032, ask .037. -Eric