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Microcap & Penny Stocks : New Sky Communications (NSKY) -- Ignore unavailable to you. Want to Upgrade?

To: xbrent who wrote (895)	8/14/1998 2:53:00 PM
From: Russell Gish	Read Replies (2) \| Respond to of 2601

One day at a time One step at a time Penny stocks are near to impossible to put valuations on thus is why you see fast rises and tumultous dives. I will be curious to see how this one runs with solid news, but nonetheless I hope all are cognizant of the fact that there will be profit taking...... even as you see now. The challenge is to be properly positioned so that when you do sell you sell into a buying market. I'm just as giddy as the rest of you anticiapting a ride, but I must stick to my guns and sell 1/2 my position when the stock doubles...... that way the emotion is removed from the equation because it's all free money then. I see $0.03 even without news next week and that is with profit takers bailing due to impatience. To go out on a limb and say we can attain the 52 week high again would be contrary to my desire to refrain from second guessing the BB market. However, let me be so bold as to suggest this...... I believe it was the St.Louis Post Dispatch had a column concerning market sectors and the top of their list at this point in time was the ENTERTAINMENT industry as an ideal vessel for investing/speculating. Good Luck, Russ