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Microcap & Penny Stocks : MegaWorld Inc. (MEGW) -- Ignore unavailable to you. Want to Upgrade?

To: jean1057 who wrote (397)	4/23/1998 1:06:00 AM
From: jake burns	Read Replies (2) \| Respond to of 1058

Research will never hurt you. It's no guarantee of success, but with research, you'll have a better idea of i) why you made the investment; ii) why you lost/gained money; and iii) whether your decision-making process was sound. Bob's made some great points. First, this company is a great value play (at least at the prices I invested at). Their assets are worth more than the stock price. Although no investment is risk-free, I'd rather bottom-feed and scoop up shares of an undervalued company (especially one that's been dumped by discouraged investors). As I said last week, at 1 dollar, this company was a steal. Now the bid/ask are tight and it's at 4.50. Personally, I think it's a great buy up to 12 dollars. Good luck.