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Microcap & Penny Stocks : QTNT -- Ignore unavailable to you. Want to Upgrade?

To: musicguy who wrote (435)	8/18/1998 7:40:00 PM
From: Sojourner Smith	Respond to of 789

I bought QTNT today because I couldn't resist the low price. I have followed it for several months. Am I missing something? Why is this so low?

To: musicguy who wrote (435)	8/18/1998 7:47:00 PM
From: majormember	Read Replies (1) \| Respond to of 789

All: I have taken all relevant posts and PM's to me and sent them to Bob. This idea of ours may or may not be feasible, and I think he should be the one to coordinate what happens from hereon. Without going into further detail, I asked him to notify by e-mail or PM how he feels this "next step," if there is to be one should be handled. The next correspondance you get should be from him. In the meantime, for those who can, I suggest buying up as many shares as possible, SLOWLY and NOT AT MARKET. I got some today at .18 cents, others bought at .20....Let's put limit orders in around that range. Maby we have something here, maby not....When it is appropiate, we can go over the details and discuss it. In the meantime, go have some fun. Have a good evening......Regards, Skane

To: musicguy who wrote (435)	8/18/1998 8:04:00 PM
From: Chris O'Keefe	Read Replies (2) \| Respond to of 789

By the way, folks, no one is commenting that today's volume, 776,800 shares, is the best QTNT has had...EVER! OK, OK, it's easy to get higher volume from a stock when it's at .20 as opposed to when it's at $3. Even so, if you multiply share price by volume, you'll see that today was one of the most active days QTNT has ever had. Back on March 20, for example, QTNT had what was then its highest volume ever with 42,700 shares. The closing price was $3.18. Now, 42,700 * $3.18 = $135,786 Today we had 776,800 * $0.20 = $155,360 This comparison doesn't mean that QTNT is some sort of super-healthy stock right now, but I would say that it means people are paying nice attention to this stock. Hopefully, it's all a sign that QTNT is breathing all right after falling from the sky with no apparent parachute. The rest of this week should be interesting--I'd like to see a recovery up into the 0.35 - 0.40 range. Chris