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Microcap & Penny Stocks : CHRONICLE COMM. (CRNC)GREAT NEW CO. - ONLY 900K FLOAT& -- Ignore unavailable to you. Want to Upgrade?

To: OFW who wrote (45)	10/23/1998 2:18:00 PM
From: Jim B	Respond to of 694

obviuosly restriced shares or they'd be equated into the float numbers we've seen. jim

To: OFW who wrote (45)	10/23/1998 3:06:00 PM
From: myturn	Read Replies (2) \| Respond to of 694

That is a good question. Next time I speak to the company, I will ask them if they are restricted or free trading. Most likely they are free trading shares, but I am sure the firm wouldn't be selling anytime soon because their job is to get the share price up so CRNC can be listed on the NASDAQ small cap.

To: OFW who wrote (45)	10/23/1998 9:48:00 PM
From: myturn	Read Replies (1) \| Respond to of 694

OFW and all great news!!!! The 500k that CRNC contracted to WSCG to do the promotional campaign is already included in the 978,000 shares that are in the float. I can not speak for WSCG, but one would believe that they would also hold onto their shares as long as possible as to not affect the current trend. This means there are approximately only 478,000 shares to be had. That is why this thing moves so fast and so quick. I am telling you folks we continue to see any buying pressure what so ever over the next couple of weeks, we could see $5.00. Realistically, we could see $2.00-$3.00 I ask all of you who do hold a position in CRNC, please exit in small increments when you do exit because it will keep from the Bid/ASk widening too much.