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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Capozzoli who wrote (774)	10/31/1997 2:23:00 PM
From: R.A.May	Read Replies (1) \| Respond to of 12043

To All: As previous posts have stressed, small holders of EUTO may be 'hurt' by a large selloff. One very, very, very important point that was missed, however, is that the large holders would be hurt worse. For example, say Euto is trading at 1.00 and a <desparate> MM tries to cover, 'testing the water' with a buy of 1000 shares @5.00, and someone (foolishly, IMO) sells. EUTO is then listed as selling at 5.00. If a large holder sees this and chooses to sell 1,000,000 shares, THEY WILL NOT GET 5.00 a SHARE!!! My point is, it is in the extreme best interest of the large shareholders to sell 'invisibly', as Carl said. A second point: Think about the companies that EUTO holds, eg. BIO, which has been waiting capital to take off. What do you think will happen to the Fundamental value of EUTO when the market capitalization of EUTO goes from $400,000 (100M @ 0.004 / share) to $1,000,000,000 (10.00 / share)? Even though a price of $10.00 a share is currently not justifiable in terms of market value, long term I believe that it is. As always, Just My Opinion. R.A.M.

To: Paul Capozzoli who wrote (774)	10/31/1997 2:45:00 PM
From: E Richter	Respond to of 12043

I do not understand this desire for exit strategy. Let's say we have one, and it calls for exit @ $5 (just for illustration - it could be a moving target based on certain conditions). The price gets to $4.50 and the volume starts dying out, possibly because all the naked shorts are almost covered. At that point you can 1. Renig on your promise to the group, and get what you can for your shares and patience 2. Keep your word not to sell below $5 and sacrifice one of the best opportunities you ever had for the greater good of the group. Neither is a position I want to be in. Why complicate things. Each one of us needs to decide which part or their position is long term, and which is a short play, and than do their best to implement that plan to their maximum benefit. That is the only way you will be able to live with yourself if things don't work out. C'mon, take a chance. That's why you are in pennies in the first place, isn't it? Ed. Fire away.