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Microcap & Penny Stocks : American Millenium Corp. Inc. (AMCI) -- Ignore unavailable to you. Want to Upgrade?

To: Richard L. Williams who wrote (21)	2/4/1998 11:56:00 AM
From: Omnichrome	Read Replies (2) \| Respond to of 341

I suspect there is the possibility of another (or continued) short squeeze. The run-up was surely some short covering and I think $2 was a target for profit taking. I don't know what the short interest is, but the float is approximately 6M. Have heard that approximately 4.5M is closely held, so available may be only 1.5M. I mentioned in an earlier post that company wants to "tell one story at a time", so they recognized perception of not knowing where they were going. It appears, at least to me, that they are now focused and near-term revenue is a real possibility. I will be holding for awhile and perhaps accumulate more from time to time. Be careful out there.