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Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?


To: Tony Rome who wrote (2280)2/4/1999 9:25:00 AM
From: flyintigress  Respond to of 3501
 
MR C, Thanks for your thorough research and comments. It's very much appreciated!

flyintigress



To: Tony Rome who wrote (2280)2/4/1999 10:49:00 AM
From: Craig S. Owens  Read Replies (1) | Respond to of 3501
 
Tony,
Thanks for your thoughtful response. You are correct about the caution issue related to this stock. When you buy low priced stocks, the risk is usually high. What I like about Emerson is they are building fundamentals. Fundamentals for me are finding ways to distribute your products globally. If Emerson adds the internet piece to the puzzle, who knows what that could do to our sales. I'm aware of the bankruptcy. That's why I bought in because I saw Emerson taking the steps to make a serious comeback. When I look at their 10-Q's, I look for a turnaround happening. I guess I'm a bottom fisherman by trade. Find stocks that are down but have potential and ride them as long as they continue to show improvement. My average price in Emerson is 1/2. I feel confident that I will at least be able to get out at that average barring something ugly in court. We all have no choice but to wait until things are settled but in the meantime, I assume Emerson is continuing to sell product.

Good Luck to all.