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Microcap & Penny Stocks : Ugly Ducklings- DD of the obscure and out of favor -- Ignore unavailable to you. Want to Upgrade?

To: PitBull who wrote (69)	7/28/1998 11:55:00 AM
From: Johnny Ro	Read Replies (1) \| Respond to of 102

I like lo floaters. Value of stock does not bug me as much as returns. I own some big stuff too (EK, ABT, TXN, LUV, RPM, HOU, KO) that do well and are keeping my long term portfolio ahead. Long Term would be doing better but there are some dogs in my long termer too (HM, KEI, EC & GW). I like the smaller ones better though, because the returns can be phenomenal once you get the hang of trading the micros and the mini-micro issues. As far as ARBC, IMHO, any thing in the banking sector is a good bet. If a banking stock jumps on no news, it could be indicative of a takeover/buy out target. The sector has been on fire for over two years now. Did you know that there are only a handful of banks in Europe? With all the banks buying each other, do you see a trend??? There is a mutual fund that specializes in this sector that has been hitting the cover off the ball. Pilgrim Funds Banking (or it may be Finance) is the name of the fund. IMHO, if we/you/I can find a small bank, not so much unlike an ARBC, that is publicly traded it could be a long term winner. JRo