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Microcap & Penny Stocks : Greenland Corp. (GLCP) -- Ignore unavailable to you. Want to Upgrade?

To: Steven Angelil who wrote (173)	4/29/1998 4:12:00 PM
From: RCJIII	Respond to of 2278

Just hold on to your shares, buy more if it dips again, which I don't imagine will happen. If you sell out hoping for a dip, you could get screwed when FCC approval leaks or if an anouncement is made. Also, don't forget, other companies are in this business, but have inferior technology. With only 37 million total shares outstanding, Itron could buy GLCP for $2 a share, only $74 million total. Considering they had over $200 million in sales last year, they might be able to afford it, also considering GLCP has $300 million worth of deals on the table with the superior technology, they are a very attractive buy out especially at these prices. RCJIII