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Non-Tech : Titan Motorcycle Co. of America (TMOT) -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth V. McNutt who wrote (132)9/14/1998 9:39:00 PM
From: Dayuhan  Read Replies (2) | Respond to of 219
 
Kenneth,

Stocks in this price range have been dropping across the board, regardless of performance of the companies. I should know - I hold several. I see this more as part of an overall market trend than any specific reaction to Titan in particular. Buying is largely drying up, and every time bad news emerges on the political front there is someone willing to sell stock, even at a loss, and buy into bonds.

I'm not going to worry about the stock price - which is largely based on emotion - as long as the company's numbers keep going up. A lot of people are holding cash right now, and sooner or later the politics will clear and those people will start looking for quality investments. That is the time that the growth curve and the NASDAQ listing will draw attention.

Steve

PS I've lived in Asia for 14 years and I can tell you that things are not as bad as the news reports say they are. I really wonder how much of the recent market trouble is caused by sensational repoting?



To: Kenneth V. McNutt who wrote (132)9/17/1998 12:20:00 PM
From: Randy berg  Read Replies (1) | Respond to of 219
 
Ken--------All of that is true. Titan is a little gem of an issue. One of the reasons it has not hit higher levels is because it is a BB stock, and most brokers can not buy them for their clients. This will all change shortly when Titan hits the NASDAQ market. I called veritas and found out they have about 6 market makers and more on the way, which is super. I increased my position yesterday and will do so again before it hits the NASDAQ market. Once this happens in 3 or 4 weeks, I do not believe you will be able to pick this issue up for 4 bucks. Look at bigx on the Nasdaq market. it is selling between 7-9 bucks and they do not even have a product. So you can see the difference once a stock goes from a BB issue to full reporting Nasdaq. if anyone has any questions they can e-mail me at LTPY15A@PRODIGY.COM, or they can call veritas at 1-800-773-7317. There are some really nice people there and they go out of their way to answer questions and send information. They do not hype the stock either. They will send you all the information and let you make up your own mind. Anyhow I hope your week is going well. Last I saw out market was down 230. I'm afraid to go look again. (G) Randy