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Microcap & Penny Stocks : Sparta Pharmaceutical (SPTA) -- Ignore unavailable to you. Want to Upgrade?

To: Mark Haythorn who wrote (8)	3/2/1998 7:40:00 PM
From: larry larsen	Read Replies (1) \| Respond to of 22

If you've been in for 2 years, you're in at a lot higher price, but I still share your bewilderment. I listened in on the conference call they had last week. They were very enthusiastic about their products in various stages of trials and explained how they can be profitable in advance of final results by attracting the attention of partners. But, when asked about what they are doing to enhance shareholder value, never really answered the question and the person who asked it, accepted the answer at face value without pressing the point. Can't complain too much because I didn't speak up either. At this price, no point but to wait and see what happens. The problem is, their enthusiasm didn't translate into continued share price recovery. The share price has been sliding off its recent recovery highs (if you can call them that) ever since the conference call. The good side is SPTA makes up less than 1/2 of 1 % of my total portfolio. It would still be a good payday if it came through though. Larry