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Microcap & Penny Stocks : E-Prime Aerospace (EPEA) -- Ignore unavailable to you. Want to Upgrade?


To: DCRocketman who wrote (250)7/15/1998 1:45:00 PM
From: starman  Respond to of 680
 
There is an article in last or this week's space news weekly, a trade journal. It says Orbital Sciences which originally lobbied hard for not allowing converted missiles to be used as launch vehicles, now have changed their minds and are trying to get that overturned. So with the combined efforts of e-prime and Orbital, it looks like the political obstacles might be ending soon.

Starman



To: DCRocketman who wrote (250)7/15/1998 2:43:00 PM
From: Joe_Money  Respond to of 680
 
The float is way up there. I've always been amazed at the way the price has moved so easily in the past. I've seen a lot of stocks with much smaller floats that didnt move as well.
So, any predictions for tomorrow and the rest of the week ???

Joe



To: DCRocketman who wrote (250)7/15/1998 2:56:00 PM
From: Richard  Read Replies (2) | Respond to of 680
 
Hi DCRocketman and Welcome to the EPEA Following,
I do not precise figures of the stock float, but it is embedded in my
mine as a huge # of shares. A reverse split is in most cases a true
poison pill for the price of the stock, as I admit in most cases.
But with the very large float and starting like as the first of the year of around a cent per share and still now less than 4 cents per
share, not at this time, but at a later time I feel it is only realistic that there will be a reverse split in the future. Another
factor to remember is that CEO-Bob Davis holds most of the shares and
I do see him doing a reverse split that will shoot his own foot.
This could be one of the rare times that a reverse spit is not a poison pill for the stock in the end, if the reverse split does materialize in the future. EPEA Believer*Richard