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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (1284)	9/23/1998 11:43:00 PM
From: bottomfish	Respond to of 5541

You will not even get book value until we know full assets of the company, which may be known in December. The first sales figures on Lima,Delta Force, and Speedway will have to be known before you get institutional investors interest, who by the way will really determine the price of the stock. Entertainment stocks are very much a risk. Look at the chart. Stock shot up to .40 early this year. Then came crashing down. This stock will be eratic for some time until there is consistent quarters of increasing earnings growth. Then you will see a steady upward climb. Pretty fundamental for my limited knowledge. But of course there is the Warner Bros. factor. And again the "go-go boys" have received Academy Oscar Nominations. One good movie hit and we will all be going to the bank. Buying stock pennys on the dollar with a company that could be a multi million dollar enterprise is an investment that could make some one retire very early.