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Microcap & Penny Stocks : CCEE Breaking Out -- Ignore unavailable to you. Want to Upgrade?

To: Parker Benchley who wrote (9334)	2/28/1998 3:35:00 PM
From: charles j. aaron	Respond to of 12454

To All: I spoke with Gary K. Friday. Softworks' earnings should be reported by end of next week. I tried to see if CCEE had received the Nasdaq delisting letter. They could not tell me. I called Nasdaq and they said every company whose price was below $1.00 per share received a notice Feb. 23, 1998. Companies have a 90 day grace period to get the price up, reverse split, or face delisting. No exceptions no matter how much market cap is envolved. In order to avoid delisting, the stock price must trade at or above $1.00 per share for at least 10 straight trading days. Now, I think after next weeks Softworks report (which I think will be great) you will see this stock price begin to move up. In addition, I believe you will see news announcements and from Cannavino's upcomming address, CCEE is going to do everything in their power to get this stock price above $1.00 per share. Ofcourse, there will be those who sell at 1/2 and be glad to get out. I am going to wait. Chuck.