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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... -- Ignore unavailable to you. Want to Upgrade?

To: madman who wrote (230)	3/4/1998 3:51:00 PM
From: 2-3-12	Read Replies (1) \| Respond to of 747

Seriously, you would think with news due out price would go up. Maybe the news is bad. I'm long on this, but I also bought @.28 and am beginning to have some doubts. Seems like some people know something we don't. A company w/.1-.14 expected earnings should not be trading near 1x PE. I just don't understand it.

To: madman who wrote (230)	3/4/1998 4:12:00 PM
From: Bugsy	Read Replies (1) \| Respond to of 747

Well I guess everyone is ready for some news. We should see a nice press release out tomorrow. It should have some meat to it. It looked like someone dumped a lot of stock on the open this morning.But late today there was heavy buying going on. Several 25,000 share blocks went through. IMO this is a great buying oppurtunity. Book value for this stock is .25 cents a share , if you bought today at .15 cents thats .10 equity. This stock will be trading around 5 x book in the future , possibly higher. I'am pretty sure the press release will be out tomorrow. You hardly ever see a positive release out on fridays. And from what I understand it will be positive , ( better than the last one ) Regards > Bugsy <