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Microcap & Penny Stocks : IDMC Waste disposal or just garbage? -- Ignore unavailable to you. Want to Upgrade?


To: ForYourEyesOnly who wrote (850)7/29/1998 1:13:00 AM
From: Lou Cifer  Read Replies (1) | Respond to of 972
 
Let's not forget that the market for microcaps has been horrible
over the last 3 months.Combine that with IDM's management lack of
credibility,unrealized promises,inability to make money,and vague press releases and you have a $1-$2 stock.
The only certainty is that contrary to what the college kids over at yahoo make you believe(BOO,RU4REAL,and others)IDM is for sure involved
in negotiations to get these deals done(Germany,El Salvador,etc).How do I know?Well,IDM had a party Jul.18th at Falco's estate.In attendance were the Chief of Staff for the German Government,2 gentlemen from the government in El Salvador,top businessmen from China just to name a few.The negotiations are true the big question is
Can they close the deals?If you believe they will then buy as much as you can.If you believe they won't be able to close them SELL.
According to the German Chief of Staff the deal there won't be done before elections take place which is mid-September of this year.His
target was sometime between Oct-Dec('98) for the deal to be closed.
El Salvador should be out soon,I won't bother guessing when.I heard
1 week and I heard 1 1/2 months either way is fine with me.
If I hear more I'll tell you.