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

To: BANCHEE who wrote (9546)	3/16/1998 4:02:00 AM
From: Dorine Essey	Read Replies (1) \| Respond to of 12454

Banchee, Your very own words said,"look at ATEC- did a reverse split 1 for 5 end of last year Came in high 4's-went down to low 3's-got an investment BANKER the other day and made a jump of almost 1 point to around 4.50" . My point is that they only got the investment BANKER to come in AFTER the split and when the stock was over $3.00 or $4.00 dollars. If CCEE gets up over $1.00 on it's own with out the split, GREAT, but IMHO, I do believe that CCEE will go up with out the split. Dorine

To: BANCHEE who wrote (9546)	3/16/1998 8:16:00 AM
From: Stan Price	Read Replies (2) \| Respond to of 12454

BANCHEE, Whether I agree or disagree with what you say makes no difference. We are still on the same team. The fact is, the guys that DO make the decisions concerning the split will do so without our input or reasoning. I will say this one thing, though. IF they do the reverse first, I will not be selling. Here's a thought to throw out there. If they reverse split and the price goes over $5.00 then the stock becomes marginable (and shortable). Does anyone have any thoughts as to how this might affect trading? Will anyone be increasing their positions? A side note to Ron Logo: Are you buying right at the open or will you wait until an hour or so later? Do you think the MM's will take advantage of Friday's late move to 15/32 and move the ask to 1/2?

To: BANCHEE who wrote (9546)	3/16/1998 8:53:00 AM
From: Dr. Moze	Read Replies (2) \| Respond to of 12454

Banchee, your math makes no sense. If CCEE becomes profitable, then the stock price will mainly reflect present earnings and anticipated growth rate. (Unlike the present speculativew situation.) Your example of 1,000 sh at 15 or 10,0000 sh at 2.50 makes no sense. Why? Because the key factor driving the stock price is earnings per share. And, that remains unaffected by any split, regular or reverse. Your example should read: "What would you rather have, 1,000 @ $25.00 = $25,000 or 10,000 @ $2.50= $25,000." ANd my answer would be: "Either!"