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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?

To: George C. Grasser who wrote (4151)	2/28/1998 5:54:00 PM
From: BlackStar	Read Replies (1) \| Respond to of 12043

How? Won't there be profit taking @.06 and at every double thereafter. I've seen stocks drop real fast from a buck to a dime, but never the reverse. I think the general consensus is that the short squeeze is on again if the 50 mil is dealt with. If so there will be a much larger surge than the actual float balance suggests. IMO the spike will be short thin and of dizzying height, then it collapses to some more reasonable value. Maybe .3-ish? Real business progress from Eutro is more important IMO. Without that the stock has no substance. There are inofficially (I think) three clients in the pipe. Let's see what they amount to.

To: George C. Grasser who wrote (4151)	2/28/1998 7:08:00 PM
From: zenin	Respond to of 12043

My feeling is that with what the company have said about new deals about to be announced and the issue of the 50M being addressed [all directly from the company themselves] we'll hopefully realize additional cash flow from these newer deals and from current agreements which are slowly evolving as we speak. I didn't suggest that -BANG- there's .60 or .95 or even $ 1.20 just like that tomorrow - i don't believe that for a second, but once the process takes place and the 50 million are slowly taking out of the equation then for every share -retired- you have one less share diluting the numbers w/in the official float. I sure like the chances of the company base price being in the region of .30 or .40 than .03 or .04; mind you this is pure speculation on my part it may be more or even less. But then how are the 50M going to be accounted for, over a period of time or all at once - it's going to take time so the company say at least another 2 months until the first steps towards retirement of any kind can even be considered then the process could be just as long, but while this is happening other business announcements are made and contracts signed giving us all more promise of greater value from a company make steps forward to building their core business. J-IMO Jay