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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: vanilla ice who wrote (536)	7/2/1998 9:35:00 PM
From: Stephen Goldfarb	Read Replies (1) \| Respond to of 5541

Who knows? The stock was accumulated over a period of months, and then showed a move upward. It has now retracted significantly. The price increase appeared based on the glamour and publicity associated with the re-emergence of Golan and Globus. Now the essential news is in the marketplace. Often prices will more realistically reflect current and immediately anticipated earnings. With 90 million shares issued, that is a pretty good damper on per share earnings, even for a successful venture. I know of no way to predict what is to come. The first film release, and projected earnings, will likely influence share price, for better or worse. Steve