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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?

To: mark collins who wrote (3825)	3/5/1999 4:24:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 9115

PCES and more. . Mark, what I am saying is that the pump is over, the dump is over and now the Market Makers have dropped the bid to .08 cents, even lower than I predicted. So now PCES is worth .08 cents per share [last trade at .10] How many bought in for LOWER than .08 mean share average? What I am saying is that there is a world of difference between a momentum [momo] that runs up and runs down and the first ones in are the first ones out . . and the last ones in lose. . . .and stocks that have stability based on the "worth" of the company. Everyone should develop their OWN trading strategy that WORKS for them. But so far today, all I have been hearing about [mostly in private] is how much money people lost on some of these momos. Bottom line. . if you have Level II quotes, real-time charts and point-and-click instant executions, then you might do OK with daytrading. Personally, I don't have these. . .so I stay away. Likewise, if you are "daytrading" these highly volatile issues WITHOUT the assistance of professional equipment, my suggestion is a major re-think on your strategies, or soon there will be nothing left to "invest." Rande Is

To: mark collins who wrote (3825)	3/5/1999 8:33:00 PM
From: Soccrates	Read Replies (1) \| Respond to of 9115

PCES. I follow this thread and am disappointed in the comments concerning "pump and dump" and "tanking." I personally talked with the CFO of the company (Mr. Hughesman) and he told me the following: (1) Company has $2 million in cash in the bank with no debt. (2) The interest on the $2 million pays his part-time salary and other expenses. Accordingly, the $2 million is not being diminished. (3) Company has tax carryforward which will make it attractive to potential partners. (4) Company is actively engaged in discussions with potential partners. Just because a stock goes from .05 to .25 in one day does not make it a "pump and dump." Comments that were made on this thread, however, probably scared some people into selling. Other people likely took their triple and got out. I think you have to expect profit taking when a stock goes up form .05 to .25 in one day.