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


To: Amy Mitchell who wrote (1126)11/5/1997 12:51:00 PM
From: RBattman  Read Replies (1) | Respond to of 4356
 
Amy: Being a transplanted northerner who has lived in Texas for about 20 years, I can attest that there is nothing to compare to a Texas style Ass whooping. NO rules, NO concern for political correctness, just wail away.

As for Ozon, I bought on the dips and am averaged in around $1.75. This is called a speculative stock. I stress the word speculative. The company has a good story and its technology is real (you can see it and touch it, and most of it is in the market or being evaluated by the market) and it is timely. The downside is that the company is cash strapped. Even if big contracts arrive, it is virtually certain the shareholders will be diluted to raise capital. Companies without collateral and without a two year history of profitability normally don't have access to traditional credit markets.

If this is too high risk for you, move on and buy T-bills. From what I've seen on this thread, people may have the big eye on this one, but they bought in with their eyes open.



To: Amy Mitchell who wrote (1126)11/5/1997 12:59:00 PM
From: Lee Bauer  Read Replies (1) | Respond to of 4356
 
Amy, I appreciate your acknowlegement of other geographies. Now steel toed boots, Lets just not go there!

Back to the topic at hand after the small but needed diversion:

It seems that there are people on this thread that are hoping that ozone is a panacea for all that ails the the industries they suppoert. Too much has been concentrated on the food scare. Granted this is a large problem and area for growth but there are also several other areas or applications that offer potential. From the pure economics standpoint, no one should expect a billion dollar contract. Ozon does not have the capital to finance the big one. Having said this the laundry industry and individual hospitals don't appear that bad.

Have a good one TexDoc

Lee



To: Amy Mitchell who wrote (1126)11/5/1997 1:16:00 PM
From: Cents  Respond to of 4356
 
Especially when one is needed Amy!

Cents