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Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?


To: proud dad who wrote (163)4/6/1998 3:36:00 PM
From: Joe Copia  Read Replies (2) | Respond to of 10343
 
I do not have the exact figures. Maybe someone else does.

It is small tho.

Joe PTG&LI !!!



To: proud dad who wrote (163)4/6/1998 9:39:00 PM
From: Jim B  Read Replies (1) | Respond to of 10343
 
6.4 million outstanding... 2.7 float and only about 1.7 actually
free trading...

very small float and rumored news due out soon... possibly within
the next few days.

news could be on:

1) the financials as they stated that they'd have
that finished by end of Q1 1998 and would have filings out by March 98
.. so they're a little late.
2) IT CareerNET availbl Q1 of 1998 and this will start generating some
significant revenues as we are told by the company they already have
alot of interest on this

3) or anything else that we have yet to hear about.

I bought in today on the rumor. INFE started at .10 x .17 and
finished .12 x .18 with last trade on the ask and the most volume
it's had since early Feb 1998. This company is nowhere near as
solid as other plays, but should be good for a BTS or momentum play;
however, if the news is VERY good then we may want to consider other
trading options. Don't forget they will soon be a reporting company
and that brings alot of credibility to any BB stock.

jim