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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: Lawrence Burg who wrote (348)3/26/1998 7:10:00 AM
From: Bobby Yellin  Respond to of 747
 
thank you so very very much..hope you share some of your knowledge
of the field..
I guess I think ta is difficult for these penny stocks..
Have spent a great deal of time trying to think of the risk in owning
this stock..Actually hoping for it to drop again so I can pick up
more..
Have told a few friends about IECS and hopefully one will come through..he has a friend who is an expert in liquid waste and
hopefully his friend will give us some feedback..
Am watching a few stocks in oil remediation field..iecs still appears
way undervalued compared to those..but of course I am no expert in
this field or in stock evaluation..so take my comments with a grain
of salt..
Once again, the float is only 14,000,000
Supposedly at least 8,000,000 or more are closely held
that leaves 6,000,000 to play with..how much in dollars is that..
a bit more than 1,500,000 ...there are a lot of people out there with
deep pockets..hopefully Crowe is well connected...if his reputation
is that of a savy investor(I don't know) the slurping up of all the
loose shares could be quite easy..
because of the announced contracts with Amoco etc..and the awards
for their technology..we know the company is for real...
Currently I can't come up with any negatives in my mind..
A positive would be for the stock to fall back so more people who
truly believe in the company would be happy to pick some more up..
then the weak hands would go into strong hands..
the only way to make real money in the market(unless one islucky)
is to find a situation near the bottom and just watch it grow..
Also money is beginning to be attracted to natural resources again
and it could be a coincidence but I see a correlation between environmental stocks and natural resources..
Also environmental stocks have not performed the way the other sectors
have..think their time is now..have been reading a lot of press releases and am watching more and more environmental companies turning
around..
keep your ta comments coming!!!!!!and hopefully some environmental
thoughts..
take care
bobby
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