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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?


To: myturn who wrote (9571)7/29/1998 12:59:00 AM
From: rockets  Read Replies (1) | Respond to of 43774
 
Seems John has things on track. I received and E-mail back from John, but wont post it, with respect to PANAM BANCORP. Things will be fine....In fact real FINE.

Happy Trading,

Rockets



To: myturn who wrote (9571)7/29/1998 8:23:00 AM
From: Jim B  Read Replies (1) | Respond to of 43774
 
TO ALL::

this will come across as hype.. but I"ll post it anyway.. I've been
out of touch with one of my main sources of leads for several weeks
now as he's been on some cross country business trip..

anyway, he's back and sent me a msg... apparently he's looked into
PRWT and has told me to truly consider holding my shares for some time
to come... I VERY much respect this guy and it's my bet that he'll be
picking up some share soon enough as he said he's been busy doing some
DD... he's convinced that the Belize deal is real and think this to
be a great opportunity for him to get some cheap shares.

I'm hoping that he'll have time to look at some of our other picks..

just for frame of reference.. this is the same guy that led us me
to OVIS from 50cents to $4.50 ; SYCR from 75cents to $4.25
IFCI from 80cents to $6.00 and TTRIF from 75cents to $2.00 ; give or
take a few cents.. I'm going on my best recollection...

along the way he's ALWAYS tried to instill in me to "take profits once you have doubled your money.. but leave PLENTY for the bigger gains".
"... I've gotten away from that lately and instead have been just
buying more and more and more of our picks and not at least locking
in profits for my original investment.. anyway... he did very well
on those picks... and even I held onto OVIS from 50cents to $2.50
and SYCR from 75cents to $3.00; IFCI from 75cents to $2.00 and TTRIF
from 75cents to $1.50; anyway this was quite some time ago.. about
18months or so...

so based on my just getting in around 5cents.. and since I don't have
much ... I may let some of it go around 12cents.. as we reach the
new high.. but I'm leaving the majority of it for much higher gains..

this guy has rarely failed me in the past..

if I get word of how many shares he's picking up... I'll post it here.
this is another reason to help keep the threads informative.. there
are several big players out there that don't bother posting on threads but they do read them.. take care all

(hope this info is encouraging to say the least).. if not.. I just thought it was interesting.. :)

jim



To: myturn who wrote (9571)7/29/1998 9:35:00 AM
From: Bram12345  Respond to of 43774
 
I'll confirm Reasons' statements. For a hint of things to come, I've separated two comments by the company in the June 24 news release. The
company expects(not hopes) substantial growth in the near future. There are several alliances and acquisitions in the fire. You saw one
yesterday; there are many more coming very soon. The company is holding true to its statements. Don't worry about the bumps along the way. We are in for some very pleasant surprises in the very near future...hint,hint,hint.

Business Wire - June 24, 1998 10:45

Jump to first matched term

NEW YORK--(BUSINESS WIRE)--June 24, 1998--PanAmerican BanCorp/Purewater (NASDAQ:
OTC:PRWT) announced today the acquisition of Access Wall Street, a firm that provides
state-of-the-art securities trading for investors.

The newly acquired company offers an all inclusive system that provides Level II market maker and exchange data, real-time quotes, news, charts, historical data, portfolio management and an extremely fast order execution system enabling investors by means of ECNs (Electronic Communications Network) to post bids and offers that are displayed throughout the financial community. The system provides for immediate execution on the NASDAQ as well as other listed exchanges rather than routing orders to third party intermediaries. This enables trade execution and confirmation of orders in a matter of seconds. Additionally, it provides the individual investor the ability to execute trades between the spread, achieving further savings over most currently available trading systems.

Originally developed to handle high-end, large volume trading and/or institutional stock traders, today, this innovative system can be accessed via the Internet as well as through Local and Wide Area Networks, and is the most enhanced application of its type offered over the Internet. The company is dedicated to bringing the most technologically advanced trading system to the individual investor and

<<expects substantial growth in the near future.>>

PanAmerican BanCorp/Purewater (PRWT) has acquired Access Wall Street in exchange for already-issued shares of the company so there is no dilution of PRWT shares. Access WallStreet is projected to add about $1.5 million in monthly revenues to PRWT or an additional $18million a year. Net income is projected at $6 million a year.

<<Look for further strategic alliances and acquisitions shortly.>>

Except for historical information, the matters discussed in this news release may be considered"forward looking" statements, within the meaning of Section 27A of the Securities Act of 1933,as amended, and section 21E of the Securities Exchange Act of 1934, as amended. Such
statements include declarations regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that such forward-looking statements are not guarantees of future performance and involve a number of risks and
uncertainties that could materially affect actual results.

CONTACT: PanAmerican BanCorp/Purewater
Investor Relations
516/232-2221