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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks -- Ignore unavailable to you. Want to Upgrade?

To: beat the market who wrote (4148)	1/27/1998 10:54:00 PM
From: lady luck	Read Replies (1) \| Respond to of 8835

heck..look at mdce book value in 96 of 6.43, and it is presumed that the 97 10k will be in the three to four dollar range. and this stock closed at .16????? you tell me..... ladyluck

To: beat the market who wrote (4148)	1/28/1998 8:05:00 AM
From: Don Lachot	Respond to of 8835

>>how can a stock with 2.60 book value be so cheap, looks like numbers could be questionable<< As usual for these stocks that look too cheap, there is convertible preferred stock being dumped. Check out this recent news: newsalert.com Many of these type go to 3 cents or even less when there is bottomless convertible preferred being dumped.

To: beat the market who wrote (4148)	1/28/1998 10:07:00 AM
From: Jim B	Respond to of 8835

Not at all.. you see this all the time in penny stocks... it could be due to the market, MM manipulation, illegal shorting, bad management, rumors, or lack of positive news... but the balance sheets still show the book value 1000% higher than what the stock is trading at.. example RMIL (OVIS), SYCR, MDCE... need I go on. The question is: Will the trading price ever move back up to where the book value is? I'm betting it will with MY OWN money... do what you must with yours. good luck! jim