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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?


To: Auricman who wrote (3462)5/27/1998 10:21:00 AM
From: Cliff Daniel  Respond to of 11850
 
I'm not blaming everything on the MM's. However, they have
a lot to do with it right now. If you know that a lot of
people or selling, please post the sells/buy ratio so I
may concur. The weak hands feel out at .35, that's as low
as they could get the stock. Don't you think they'll try
to get it to .30 to shake out more, or is it they are just
keeping a consistent patter up to get as much shares as they
can before the news comes out.

Boy, I sure hope this news is good, and not like BAAT did
to me :-)



To: Auricman who wrote (3462)5/27/1998 10:21:00 AM
From: sandstuff  Respond to of 11850
 
same here.



To: Auricman who wrote (3462)5/27/1998 10:22:00 AM
From: Moosie  Read Replies (1) | Respond to of 11850
 
just hold your shares and relax, this is chapter 2 of the MM's playbook. They thrive on your emotion.

Bill C



To: Auricman who wrote (3462)5/27/1998 10:24:00 AM
From: Tim Luke  Read Replies (1) | Respond to of 11850
 
If people don't have the patience and stomach for this then you should sell and move on. These are the pennies and they don't trade in the same realm as DELL and you have to realize this if you want to trade these stocks.

The support is here and if you wanted to be rich overnight it's not going to happen. Those who hold and be patient will be rewarded and those who sell because it doesn't go up 500% everyday will be sorry.



To: Auricman who wrote (3462)5/27/1998 10:24:00 AM
From: dwlima  Read Replies (1) | Respond to of 11850
 
the stock may bounce around, but with the next news release which is imminent- we will be back on top. we all knew that the last release was coming and the company put it out...a vert good sign as most of these little firms do not meet shareholder expectations in this regard.

the problem is penny stock people in general are here to strike it rich- yesterday. so, they move their money around trying to find a gold mine each day. as such, the stocks bounce around a bit. i do have a friend who has spoken with ME president and seen their new offices...and i still have all my original investment here.

dwlima



To: Auricman who wrote (3462)5/27/1998 10:24:00 AM
From: EubieV  Read Replies (4) | Respond to of 11850
 
I talked to ULSTON last night. He said the symbol change will be very soon. They are suppose to receive papers for that sometime today. It will be MTEI. He said that ICVI had liquidated all assets before the final merger--MTEI will assume no responsibilities of ICVI, just 200K in recieveables. They will be in their new office today. Yes, they know they need to get out a PR and plan on doing it. Hoping within a couple days. He also spoke in the most conservative manner about another possible aquisition. :-)