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

To: myturn who wrote (2163)	8/31/1998 5:08:00 PM
From: Retaylor	Read Replies (2) \| Respond to of 2601

To all: It was a rough day on the stock market, but considering we only had 102k shares sold and dropped only 7% and that was in the last few minutes, we didn't do to bad. Here are some other BB stocks that felt the sting of today: (COMPANY) ( DROPPED) CITN 22.73% CRCP 35.00% FAMH 18.18% CLCP 25.00% GLOW 14.29% HCCA 50.00% JCI.AL 35.71% MAMH 21.87% MDMI 30.00% MPTV 40.00% MTCH 24.14% MVEE 15.15% OPTQ 40.00% TRCD 25.00% TREY 14.29% 90% of these companies sold at least double of what we sold today. So you put it in this type of perspective it doesn't look bad at all. Hang in there everyone. Retaylor

To: myturn who wrote (2163)	8/31/1998 6:04:00 PM
From: Donster	Respond to of 2601

Reynolds files to sell some of his formerly restricted shares. So what? Read Reason's explanation in post #2157. Having not asked Reynolds specifically about it, I can presume he is reporting the possible sale of a minor portion of his company stock holdings, as required, to be in a position to get some compensation, if and when he desires. Bullish and common sense. Remember, that 2 million represents a very minor portion of the approximately 100 million shares that were previously restricted. But you don't see 100 millions shares being filed for sale by those holding them. If (and it is a BIG IF) Reynolds should decide to sell that small amount of what he probably owns, it could only be considered long overdue compensation to a non-salaried company president. Projecting Reason's math a little further, lets presume NSKY goes to where I believe it will (based on DD) after the first project announcement--15 cents/share on the low side. If Reynolds sold that 2 million shares at .15, he would receive a gross of $300,000. Divide that by the over five years he has been unsalaried and you get somewhere around $60,000/year. That's not much for a company president who is going to take this company into some big times. But just getting the stock to the .15/share level would be great incentive for him to do as well as he can for all the stockholders. As I said, it's a non issue to me.