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Microcap & Penny Stocks : PKGP (Packaging Plus) -- Ignore unavailable to you. Want to Upgrade?

To: Doug T. who wrote (2561)	5/27/1998 3:55:00 PM
From: Doug Bean	Respond to of 4783

Doug: i like that news . It really gives you a feel that there is somethign in the works for sure. Maybe I can find a few more bucks here in the next couple of days... in for a penny in for a pound :-) CRdoug

To: Doug T. who wrote (2561)	5/27/1998 4:48:00 PM
From: Bob Smith	Read Replies (1) \| Respond to of 4783

From the Yahoo board (I forgot his name): OK Here is my contribution... I just finished talking to ICC about PKGP. Here is a quick run down and my opinion. Question> How many PKGP shares are outstanding right now. Answer> We believe there are about 30-35 Million shares outstanding. The numbers will be finalized in the next quarterly report. Question> When can I expect the quarterly report. Answer> Within 5-10 business days. Question> There has been a rumor going around about a large short position on this stock. Can you elaborate on this. Answer> "We DEFINATELY feel there is a LARGE SHORT POSTITION ON THIS STOCK" Question> How Large, i.e. How many shares? Answer> We estimate 30-90 million shares shorted. Question> When will PKGP be added to ICC's Main Web Page? Answer> PKGP should be on the Main Web Page within 5-7 business days. OK, as for my opinion. I thought the guy I talked to was superb. I am fully under the impression that PKGP will not go Bankrupt (i.e. this is what the shorters were counting on). I feel that ICC sees a bright future for PKGP. The rep said that if the stock has been massively shorted, it was done illegaly by the debenture holders through Canada I beleive. I urge you people to call ICC and talk to them yourself. Don't take my word for it... Ask them the pointed questions... Don't be lazy... Lets just say I increased my position significantly. Oh, and I asked the rep. "Wouldn't the shorts have covered by now, considering how cheap the price is." He started explaining it to me, and I don't remember word for word, but from what I understand the shorts stand to make alot more money if the stock goes to zero than if they covered right now at this low price. It had something to do with the discount that they get buying the stock. Also the tax right off I guess... Anyways... I am extremely long now... Call ICC (I CANT BE ANY MORE CLEARER ON THIS) CALL THEM...!!! Someone please post this on the SI board... I will be joining SI shortly. Thank you...