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Microcap & Penny Stocks : MMCI , Multimedia Concepts INTL -- Ignore unavailable to you. Want to Upgrade?


To: Pete Barthelme who wrote (114)3/21/1999 9:21:00 AM
From: Jon Scott  Respond to of 134
 
Unlike those who bought at Friday's open.



To: Pete Barthelme who wrote (114)3/21/1999 1:46:00 PM
From: Dusty Vestal  Read Replies (1) | Respond to of 134
 
Well, after doing some research, I agree with Mick, this stock
is undervalued.... I think it should be trading between $1.25 and $2.00... The good thing about this stock is that the float is SOOO low, which means, it won't take much to push it up to those levels..
Geez, when I was watching the real time quotes on thursday and friday, I swear every single trade affected the price of the stock...So in a
sense, that's all the would need is a PR to push the stock up past
$2.00. Now of course, this only my opinion, but we just have to see
if I'm right or not.... The only bad side I see is that without a PR, nobody is going to even KNOW about this stock, so the price may go down further....No matter how GOOD a company is, wihtout exposure and
some PR's to back it up, the stock will go nowhere...With this in mind, I'm thinking about buying more at these levels, and just waiting
it out, because face it people, with a float this low, and profit being made, it's only a matter of time until this puppy takes off...
Skeptics may be right about the short term future of this stock, but
I'm talking about more of the longer term.... Dusty