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Gold/Mining/Energy : Microstar Software -- Ignore unavailable to you. Want to Upgrade?


To: sPD who wrote (36)12/29/1997 10:45:00 PM
From: Steve Bevington  Read Replies (1) | Respond to of 96
 
Hi Richard, a friend of mine recently spoke to investor relations at MSS about the need to do something to maximize shareholder value. The MSS representative, who I won't name, was very forthright in his concern about the poor trading patterns for the stock, but it doesn't seem as though an additional float is in the offing. I'm curious as to why the stock has fallen from $2 since the latest positive earnings. It's simply so illiquid that it's unable to hold onto any gains for very long. That being said, with significant insider holdings and a positive trend for the moment, I still think it should be a good hold despite the agony of wide spreads and large swings. It would help if an analyst started covering the company or if someone like CGI Group or Calian stepped in and took an interest in what MSS is doing.
Steve