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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: speakmaster who wrote (201)	3/8/1998 11:56:00 PM
From: John Chapman	Respond to of 7491

speakmaster: I am still on line. I just got the newsletter. Now I know more about what they are getting into. One of the things the program will check is the bios on PC's. I have an award bios that I already know is not Y2K compliant. I downloaded a program that tested my PC and told me that severa months ago. What it did not tell me was where to go to downlaod a patch to fix it. So I have been waiting since there is still plenty of time to 2000. I understand CSHK's program will not only tell me my bios is noncompliant, meaning that anything I do in accounting with it will give bad answers after 2000, but will also tell where to find a patch to download if one is available. Now that is cool. We are kind of on the leading edge of PC's Y2K problems because there has not been too much said about it. Most energies have been spent on mainframes so far. I bet not too many even know they might have a problem with their PC. I had planned to have a new bios installed in my PC when the time came (before the price of them shoots out of sight) but now maybe CSHK has a better solution.

To: speakmaster who wrote (201)	3/9/1998
From: John Chapman	Respond to of 7491

Merced, Inc. is located in Florida.

To: speakmaster who wrote (201)	3/9/1998 12:07:00 AM
From: John Chapman	Respond to of 7491

I am still reading the news letter. I understand that the program also tests software for Y2K compliancy. I guess that means programs such as my Quickbooks (used for several small business accounting) and Quicken where I have all my stock transactions.

To: speakmaster who wrote (201)	3/9/1998 12:25:00 AM
From: Robert K. Sims	Read Replies (3) \| Respond to of 7491

Speakmaster, I'm not a negative investor, nor am I naive. I see a few problems with this stock that scared me right out of it, thankfully with a profit. I bought the stock four times in 10,000 share blocks. From .28 cents to .52 cents and didn't like the way the buys went. My opinion was they were manipulated by the market makers. I placed them different ways to see what happened. I bought at market only to pay the high price that day. The order took hours to fill and the price kelp going up. Next time I placed a limit order and it got passed and did not fill. Finally I placed market orders that got filled at the high prices again. Any way I wound up with 40,000 shares @ 38.25 cents. All of this was why all the hype was going on about BIG news. I asked questions to the one on here hyping this the most and got a smart answer and had to let it go and make my own decision. I felt like anyone or any company that was putting out newsletters or allowing others to put out newsletters suggesting buying early in the morning because the price would be cheap and run up that day couldn't be 100% solid. I might be wrong. This is what I felt and is only my opinion. I still may be wrong. The day of the announcement I was going to sell and had two orders to sell 10,000 shares in. One block was to be sold at market and the other at limit of .75. The limit order got passed on the way up and down and the market ordered got filled @. 625. The next day I was able to get out of this stock after several call of constantly dropping my limit finally to .50. Any way to make a long story shorter, I'm glad I'm out and I personally think the stock will fall back considerably. If it does and there is news of an announcement I might get back in and sell on the news. I've tried to trade these penny stocks and always seem to get beat by the market makers. I don't know why, but I can't seem to get in and out of the orders where I would like to. The night before the announcement I was up about $15,000 and I got out up about $4200 which was okay but had I not been able to watch it all day I could have got burned. This is only my experience and what I based my opinion on. Make your own judgment call. One thing that raised the biggest flag and maybe someone who knows something about the company, can answer. Why did the stock go from $6.00 to 1 cent so fast? Does any one know? Good luck. Robert