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Microcap & Penny Stocks : INCE - Intercell info??? -- Ignore unavailable to you. Want to Upgrade?


To: Hugh A. McWhorter who wrote (2570)2/27/1998 2:37:00 PM
From: Juli  Read Replies (1) | Respond to of 3358
 
Well, I said I would not average down again in this stock, but I lied. I too bought another 20,000 this afternoon. Paul seems very confident of the partnership for PI. Seems there is more leverage in INCE, while some of the risk would be removed, if this deal is signed. I am really thankful that I did not buy much at the higher price so now my average will be somewhere around .20 to .25, I think. I have bought so many times, I will have to add it all up again. Good luck to us all.

Jewel



To: Hugh A. McWhorter who wrote (2570)2/27/1998 6:38:00 PM
From: Bill Pearson  Read Replies (2) | Respond to of 3358
 
+Bill Pearson (2569 )
From: +Hugh A. McWhorter
Friday, Feb 27 1998 12:58PM EST
Reply # of 2572

Bill--excellent post, as usual. What I initially put into INCE was not play money. I believe that was the real lesson I have learned with this company is that if you are going to chase a bulletin board stock do it with money you don't need.

In keeping with this philosophy I had just over $2,000 laying around this morning and bought another 20,000 shares. (Even did it before reading your post). My average cost is now $.64. I figured maybe, just maybe getting close to Paul's option price is a plan that would make sense at this time.

Knowing then what I know now I would not be in this position.

Hugh

Hugh - I'm with ya, except I bought 2100 shares of NPCT...with the thought that it might go to $5...and then I'd turn around and buy more shares of INCE.

I too have learned several invaluable lessons from this situation, and if I knew then what I know now... I wouldn't be in this situation either.

I understand that Paul is looking for a way to spin-off shares of Nanopierce and Sigma to current INCE shareholders, similar to how we were supposed to get shares in ITCO. I believe a reverse split on INCE is not only prudent, but most likely. I think the end result will be a new INCE that owns the majority of Sigma, and Nanopierce, and that has less than 20 million shares outstanding.... perhaps even less than 10 million (e.g., after a 1:6 reverse).

As long as I don't get upset about losing my ability to become a millionaire off INCE then who cares if I have 20,000 shares @ $.50 or 100,000 shares @ $0.10...... if the fifty cent shares will enjoy a supportive market and can increase to $5.00...... I'd rather have that situation than a ten cent stock that has no chance at getting to $1.

We'll see... I just pray that Molex signs sooner rather than later...

BTW - I made the market for NPCT....they sold 3100 shares today...I bought 2100 of those shares...boy don't I feel important. I just want it to get to $5 so I can claim the small victory that accomplishment would represent.

Bill