Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : THE OZONE COMPANY! (OZON) -- Ignore unavailable to you. Want to Upgrade?

To: mike mulhearn who wrote (877)	10/22/1997 11:46:00 PM
From: Jeffrey L. Henken	Read Replies (2) \| Respond to of 4356

Great post Mike. Investing in a BB stock like OZON is frustrating. The stock price has been halfed in a week. Everyone must be thinking wow what a bunch of hype. I understand. I admit I bought this stock on momemtum. I made a mistake. I should have bought sooner or simply waited. The thing is I really do believe the company has an excellent chance of making it big. Even if it doesn't, we all know one thing for certain. Recent past history will tell you that this company can and does promote itself well. A generally recognized as safe rating from the FDA is enough to start the sale of CycloPPS ozone disinfectant systems to food processors if the price is right and the technology works. I have invested in a number of biotech companies over the years. FDA approval does not guarantee sales, much less profits. Will writing our congressman. I doubt it? If there was a federal law prohibiting the sale of processed foods that had not been ozonated? Maybe that would work. It is hard to watch the value of your stock fall. Especially when it seems like nothing got the price up but hype. But if I was sure enough to buy into this company at 3 1/2, a price admittedly too high. Then I should feel great to get a chance to buy more shares at a much lower price. There is less risk at the lower price. The question for me is not just one of patience but when to buy again. Unless we get that huge $100 million contract soon I will get my chance. If I do buy more I may even sell into the next rally. But there will be another rally. This company is not based purely on hype. They are arranging financing. They have sold laundry systems. We will have to be patient. How long? I don't know. Why? Simply because no one knows a fact until it is accepted as one. Regards, Jeff