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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (494)6/2/1998 10:15:00 AM
From: Richard L. Williams  Read Replies (1) | Respond to of 747
 
Bobby--
I am not sure there are many recession-proof businesses. Food makers, cemeteries, oil companies...the things needed for day-to-day life are never much affected.

Environmental companies are vulnerable, I fear. In a recession, nobody is inclined to invest or lend money, and IECS will need a lot of cash to get all its plants up and running. It would likely require a gov't program to really get going, I'd like to think we won't need that.

Are you thinking we are bound for recession?

Thanks for the tip on ISON.

Rick



To: Bobby Yellin who wrote (494)6/2/1998 4:42:00 PM
From: Richard L. Williams  Read Replies (1) | Respond to of 747
 
Hmm, so much for a pattern. Selling set in pretty firmly today. We'll have the rest of the week to see if we can recover.

People sure seem to be very impatient in the pennies. No news for a few weeks, and they bail out. Guess I'll have to start doing the same thing.

Good luck.

Rick


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