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Microcap & Penny Stocks : Cade Industries -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (2638)	6/28/1998 8:28:00 AM
From: Pilot	Read Replies (1) \| Respond to of 3563

Sergio - Got any idea how old Molly is?

To: Sergio H who wrote (2638)	6/29/1998 6:38:00 PM
From: James Wright	Read Replies (2) \| Respond to of 3563

Sergio -- You seem to have developed good lines of communication with the folks at CADE and PLR. Would you be willing to suggested to them that they put Molly Cade together with one of the new institutional investors they hopefully are lining up? Molly Cade can then sell her shares to that institution in a private placement. Although I would love to see new institutional investors compete for CADE's small float of 12 million shares on the open market, at least a private placement would stop the price deflation that now appears to be happening from Molly Cade's large sells (as presumably evidenced by the large sell today near the closing bell). Frankly, looking at the charts, it would be crazy for anyone to sell at 3 3/8 given the apparently strong support over the months at that price. Nonetheless, today's close at 3 3/8 will test my theory about the 3 3/8 support level. If I'm wrong and CADE drops convincingly below that level, I'll sell and wait for a new bottom and support level to form. Regardless, I plan to be here when CADE breaks 5! -- Jim Wright