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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: aleta who wrote (6042)5/29/1998 4:03:00 PM
From: Lurker  Read Replies (1) | Respond to of 12043
 
<<This is the stock market. There is no such thing as a guarantee on any stock, listed
or OTC. There are many things which influence and ultimately determine the price.
In any case I will guess that there will be restrictions placed on the free shares of
Cypro, so that we can't sell them immediately after the IPO. It's usually something
like a year or so I believe.>>

That is what I said. The value of the CYPRO stock that EUTO gets from them is based on the market. Most stocks go down after an IPO. Therefore, to say that this deal is worth $2,000,000 is mere speculation. It is probably worth much less.

BIO is doing great. To sell BIO for a gamble does not make me happy (A bird in the hand is worth two in the bush.) However, I can live with EUTO's decision.

Lurker