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Microcap & Penny Stocks : AutoCorp Equities (ACOR): Tiny Float+Upcoming PR push=$$$$ -- Ignore unavailable to you. Want to Upgrade?

To: Mark[ox5] who wrote (14)	4/12/1998 10:14:00 PM
From: Silicon Trader	Read Replies (1) \| Respond to of 231

They are damn good thoughts and has been a consideration of mine since this stock was mention at the funny farm the other day! Although there is limited shares in the float which could drive the price up , the consequences of another could be dramatic. On a postive note their are 4-5 Active MM's in this stock to include some of the most well know. Onlyone of them did not update on friday and the others were all current of course it was also heavy volume day for the stock <GG> sorry but it was for this one. I hope to chat with the CEO ON monday to try to get a scoop GO NRAG MBA

To: Mark[ox5] who wrote (14)	4/13/1998 12:33:00 AM
From: Warlock	Respond to of 231

Mark, I've mulled your post over, and here are my personal thoughts. I could be totally off base but. . . The market makers would not let the stock become illiquid. They stand to make too much of a killing. So here is my opinion:: with every buy or two, I think the MM's will be forced to tick the bid and ask up. They'll notice the increased activity, and need to pick up shares to add to their inventory. So in fairly quick order, this stock should rise substantially. While the float's market cap is tiny right here ($198,000), with the stock trading at 4, the cap would be over ($600,000). Of course as the stock gains ground, there will be some who entere early and decide to take profits. While in my opinion they will not hamper the rise, they will at least temper it, by keeping the MM's with inventory. So in summary, I think the market, not the company, will succeed in bringing the float's value to a respectable amount. Instead of the company adding shares to the float (though I might add, technically the float is in the realm of 500,000. . . some of the officer's stock is not technically restricted, though they have assured that they have no intention of selling), the market will add proper value. I've seen a similar situation a short time ago: NPSC. It had traded at about .06 cents for weeks with little or no volume. The float was supposedly incredibly tiny. But when interest arose, buying began. The first buy brought it to .18, the second to .25, the third to .35, and so on. Eventually it hit the .70 cent range before settling back down to the .30's. (Sorry if my numbers are a bit foggy, but you get the general idea). In no way do I see ACOR trading as drastically as NPSC. . . but I just use this as an example of how it might tend to react. Furthermore (I'll have to ask about this), but I imagine if ACOR reached a proper valuation, the board of directors would be happy to issue more shares in order to raise capital. I feel the purpose of the PR push is to let ACOR reach a proper valuation so that they could issue shares for additional capital without diluting the stock. Thoughts???