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To: FARRIS who wrote (2076)1/28/1998 5:29:00 AM
From: Tom Latham  Read Replies (1) | Respond to of 27968
 
100K in pennies, you my friend have nerves of steel or none at all. If the general market will stabilize I would not have any penny stock.
Are you still in Korea, and if so is it as bad as they say for the economic climate? I see big block selling but it is not major as I see some big vol hits on the buy also even though it does not represent much money. You of all with the experience you have should know the time element it takes to get the bases put in and the churning that has to happen going up so as not to go KERPLOP on its way down. He still ain't no SOB and most here are far to impatient and nervous.
re: big block selling, as/if our position becomes profitible at a double in price we will sell 50% also at the first hint of technical or fundamental stalling. Only makes sense that the 3/16 entry is exiting some of their position at 3/8.(in this case seems to be 5/16)



To: FARRIS who wrote (2076)1/28/1998 6:07:00 AM
From: Dick Jaffe  Read Replies (2) | Respond to of 27968
 
As I see it, one of the KEY questions to ask Ira was raised by Tonto and several others many posts ago. That is, what arrangements, if any, have been made with their offshore financial backer to acquire discounted securities of this company, i.e. convertible preferred stock or debentures?? This could be why this stock seems to be tanking on ostensibly good news . . . an unlimited supply of stock. How about it Ira?

Dick