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Microcap & Penny Stocks : IELSF-Flight to Fortune Or? -- Ignore unavailable to you. Want to Upgrade?

To: hcm1943 who wrote (319)	7/29/1998 1:56:00 AM
From: Intrepid1	Read Replies (2) \| Respond to of 520

HCM and Zeev, part of the reason for the recent sharp sell off is a few investors in IELSF have sadly been hit with margin calls. As HCM has recently stated, there is no new or old "toxic" placement coming out. My personal belief is this stock is suffering from investor fatigue, and the recent press release in which the company stated usage was less than anticipated knocked the stuffing out of the market. Let's hope management and the new PR firm can soon offer the beleaguered investors some positive developments. purething