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Microcap & Penny Stocks : SourcingLink.net, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: ztect who wrote (21)8/30/1998 8:34:00 PM
From: Joe Copia  Read Replies (1) | Respond to of 75
 
Yes, I saw that. There are plenty of internet/e-commerce companies generating ZERO profit that you see on CNBC everyday.

I like the fact that they a paving the "infra-structure" of their own niche. What they are doing ( if you carefully read the long post a couple back) will be in demand as more and more companies utilize the net for communication.

One of my customers, Sherwin Williams, utilizes the net and has experienced nothing but efficiencies in operations.

This is not a one day play or a flip.

Joe PTG&LI !!!



To: ztect who wrote (21)8/30/1998 8:41:00 PM
From: Joe Copia  Respond to of 75
 
Here is another excerpt:

ABSENCE OF PUBLIC MARKET LIQUIDITY AND POSSIBLE VOLATILITY OF STOCK PRICE: The public float of the Company's common stock is small in comparison to total shares outstanding on a fully diluted basis. This situation creates a very thin public market for the trading of the Company's shares. Trading volume on any single day rarely exceeds a few thousand shares, with some days of no trading at all. Limited trading volume entails a high degree of volatility in the stock price. In the 52 week period from July 1, 1996 to June 30, 1997, the bids for the shares of the Company's stock on the OTC Bulletin Board ranged
from $.625 to $5.00. Until additional shares of Common Stock of the Company become freely tradable, this situation of limited liquidity and volatile stock price will most likely persist.


So I do expect some wild fluctuations while I hold but will add when it dips as I have recently done.

Joe PTG&LI !!!