Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : INFE ... Infocall another Sleeper -- Ignore unavailable to you. Want to Upgrade?

To: dwlima who wrote (1774)	5/31/1998 6:38:00 AM
From: drivaldog	Read Replies (1) \| Respond to of 10343

DWLIMA, What is your estimate regarding the re-negotiated share price? I am glad you are on board here. Thanks, Dave R. --------------------------------------------------------------------- "also agree that any share transfers that assumed a < $1 price will be re-nogiated to reflect not only the current share price, but also the new contracts being signed and new forseen potential by company management."

To: dwlima who wrote (1774)	5/31/1998 12:24:00 PM
From: Theo	Read Replies (3) \| Respond to of 10343

Dwlima, ~~"at any given time, there is a composition of shareholders that include the following types: very long-term (retirement type, 5 to many, many years), long-term with an some high exit price in mind (1 year to 5 years), mid term (people waiting for the company to continue to demonstrate its abilities in the next 1-12 months, short-termers including daytraders and momentum players. we also have this on the sell side (e.g., shorters including MMs and others)..."~~ Agree completely. But, I think you missed my point. I play nothing but pennies. If my DD checks out and I like it, I'll toss $10K without batting an eye. Yet, there are others who wouldn't look at anything under $4.00 and wouldn't have given INFE a second look a couple of weeks ago even if you had held a gun to their head. It is within each of these categories that your investor type breakdowns exist. as we reach new price levels, i am not convinced that we can predict the change in this composition. Again I agree...why should we? i do not think that the "breed" changes at each price level. Here I disagree ;-). The "residents" owned a small, but, significant portion of the float. Rocketters show up, infuse new blood and cash and, well, the rest is history as they say<g>...but, all those buys from both groups were not at this current level and I think you are making a mistake thinking that the majority of the $3.00-$4.00 buys are still coming in from this thread or current pool of investors. While I accept your reasoning concerning the composition of the shareholder et al., ie., very long-term, long-term, mid-term, and etc.,...the *type* of shareholder that is currently buying has changed from a "penny player" to a "deeper pocket" sort of investor. The penny player who sees this stock drop a dollar (%25 currently) will tend to freak more easily than the newer deep-pocket investor who is used to seeing that sort of decline periodically regardless if he or she is a very long-term, long-term, mid-term, and etc.,... That's the type of "strength" I was referring too. Note that I'm NOT referring to the "strength" of those of us HOLDING. I'm simply describing the makeup of the current BUYER IMHO. i also do not think anything can be inferred from heavy buying as the stock price increases-as we do not know the composition of shareholders. I take that to mean because we don't know if the current buyer is a long-termer, short-termer, and etc.,. And I think I understand what you're trying to say, but, again I disagree. Heavy buying at this level whether it's long-termers or not is still a different "breed" and shows that interest has come in from other than just SI. I will grant you, however, that because we do not know the make-up of the current buyer's characteristics, we have no way of gauging success... are we in stronger hands now than before...i don't know. i also don't care. Boy I do! Stronger hands means a more stable and sustained price and that in turn (at this level) means INFE can be put on the NASDAQ. That will mean an end to the current MM crap.... what i care about is the company's abilities to sign contracts and generate cash flow for its shareholders. BINGO!! and this we know is happening from our reliable and generous DD people. Thank you. Perhaps I'm being a little sensitive here, but, I get the subtle impression sometimes that some of you view us "residents" as nothing but a bunch of country bumpkins who happened to stumble onto INFE. Statements that allude to "outside" DD being totally responsible for the huge success of INFE causes me to do a slow burn and I have begun to resent it greatly. Our DD and d*n good DD at that, brought us here several months ago and our continued presence confirms that. I'm not lashing out to you in particular dwlima, but your statement is one of several similar. If I have taken your statement, or others, out of context, then I offer my most sincere apologies. But I think people need to understand that we "residents" take some pride in our pick of INFE as well. In the end, it doesn't really matter whose DD brought anyone here, just as long as it's accurate and we make $$$. i doubt this is a $1 billion company, but it could very well be a $100M company..* Agree that a billion is a stretch, but $100 million may be a tad conservative. When the merger is finalized and added to the Milvets revenues, I think you'll find we are a 1/3 to 1/2 way there already. JMHO of course...;-) ...only time will tell. The one constant that NEVER changes...;) Theo