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


To: myturn who wrote (314)3/3/1999 9:57:00 AM
From: Steven G. Trapp & Company  Read Replies (2) | Respond to of 694
 
Hey anybody have a Quote on CRNC?

I was sent an E-mail last night that the float is around 2 million, I'll check into it further though.



To: myturn who wrote (314)3/3/1999 10:06:00 AM
From: Gator  Respond to of 694
 
Don't forget that there are a lot of folks in under a buck. Some may take some profits along the way (but that's a healthy thing, just raises the average price up and creates a higher base).

More acquisitions are on the way within the next couple of weeks.
I would expect all of them to be accretive to earnings, raising the $1.11/share projection even higher. Once we start trading on Nasdaq, the valuation should grow even faster as more institutions step up to the plate.

Found out from the company that the numbers presented in the press release are audited numbers (past revenues, assets, etc). We should be seeing an 8K posted shortly on Edgar detailing the deal.

Gator