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Microcap & Penny Stocks : CAVR (Carver Corporation),Book at 1.28,price 0.25. -- Ignore unavailable to you. Want to Upgrade?

To: Randi who wrote (95)	4/11/1998 1:48:00 PM
From: TARIQ STOCKS	Respond to of 319

Thanks Randi, I just got the same letter from Etarde. Renwick capital started investing in Carver Corp. more than two years ago and like all Carvers original investors got frustrated with the steady decline. When Carver stock price got to an all time low, that is when Renwick t began buying common shares, as well. I think they are the ones that pushed the price from 10 cents to 50 cents in January when the delisting and resignation news hit and everybody thought it was a sure bankruptcy. I think this is when they first took control of the company and put Raj Bhatia as the Chairman of Carver. They also agreed with Carver at the time to get 3M preferred shares at the price of 12.5 cents, which was the price at the time, which is just announced. The preferred restricted shares does not add to the float. My take is first, they obviously new that they could turnaround the company and second, they want to make the biggest profit when this happens. A lot of changes happened since then, all of which point to a possible turnaround. The big test will be when they announce the new plan and I hope it is a good one. My view is that everything they done up to this point seem to be in the benifit of the company in the long run. The Carver home page has changed dramatically in March 4 and I think they are planning to make it a strong outlet for Carver products. It will not surprise me when judgement time comes (Nasdaq vs. OTC), renwick might endup buying some more common shares just to stay Nasdaq. With so much invested, I do not think they want to see this company go OTC. The above is just my humble opinion, and Randi I am new to this like you, and want to hear your opinion on the letter and my take on it.