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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: LegalBeast who wrote (310)	6/10/1998 5:44:00 PM
From: Alan Coccio	Read Replies (1) \| Respond to of 5541

Actually, we're holding up just fine with this stock. Volume today was again over 4-million on 225 trades. The total includes a 700,000 share chunk that changed hands after the bell. The action over the past two days has all the earmarks of a market maker shake for shares. That, however, seems implausible considering we have a 50-million share float. Can the bulk of the float be tied up in friendly hands which would account for what we are seeing? The G/G boys are going to make their money from video release of their films - much more than they'll take in from theatrical release. At current wholesale prices, the studio clears in the range of $50 for each cassette sold for the rental market. A video release of 100,000 pieces equates to approximately $5-million net which, in turn is better than 5-cents a share. It doesn't take too many of these to cause a huge run in MVEE's share price. Think video -that's where the gold is in this business. Alan