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Microcap & Penny Stocks : The Chadmoore Wireless Group (MOOR) -- Ignore unavailable to you. Want to Upgrade?

To: Jay D. who wrote (653)	12/15/1997 3:44:00 PM
From: William E. Harriot	Read Replies (1) \| Respond to of 1651

Jay, If the fundamentals are there, the MMs can't play with the stock forever. They probably play with all of the penny stocks. In this arena you need to shut your ears to rumor and anybody else's analyses and make your own mind up based on what's in the SEC filings and the market environment for a particular stock. The chat boards can be helpful, too. I'm in MOOR for the long haul because I believe they can generate earnings and the company has not made pie in the sky promises. Management appears to be honest and have done an extremely good job in salvaging their markets in the face of FCC waffling. They have a ton of licenses and could end up as the largest analog provider in the USA. Build it and they will come! We're in the trough now - but isn't that where you want to buy? Is there risk? Sure , but the upside carries reward greater than risk that Chadmoore doesn't make it. My opinion. The last post quoted "movement" in this stock on October 7 - the stock had been moving for about two-three weeks by that time - in fact, that's about the time the bottom fell out. I guess that, too, is movement. Something I learned at the recetrack. Ain't no such thing as a sure thing! Bill

To: Jay D. who wrote (653)	12/17/1997 12:19:00 AM
From: Whiskey	Read Replies (1) \| Respond to of 1651

Jay D, Sorry I didn't respond the other day to your post but my keyboard typed s"s everytime I hit the space bar. Let me clarify my earlier post that you copied. Sometimes I use a broker at Smith Barney when I can't access my etrade site (which is often). He refered me to the stock which he got from one of his customers who is supposedly in the know (whatever that means) that the stock would make a move. Just for the hell of it I bought 2k shares at 1.01. The stock then moved to the 1.50 price in several days. Now, that could have been the move since it has steadily dropped since then. Maybe I should have sold but I held on since I did a little study on the stock before I bought it and thought even though it was a long shot the company looked interesting with some potential. Hey $2,000. I can sit on that much for awhile. So I'm still in and supposedly the big player at Smith is still in and hasn't sold yet either. I am looking to add around the .50 another couple of k just for the hell of it. I think if nothing else it is good for a buy out. Sorry to ramble but I just wanted to clear up that the broker did not reccomend the stock. I guess I could of just said that, right. Have fun and good luck, Whiskey