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Microcap & Penny Stocks : HGRM--Any Followers? -- Ignore unavailable to you. Want to Upgrade?

To: Leslie Tack who wrote (2108)	3/24/1999 8:56:00 AM
From: Ted M	Respond to of 3576

Yeah, I don't think you scared many people away either Leslie--certainly not enough to effect the stock price. It had already come down fast as people (including me) quickly began to question the truth of the announcement and the likelihood of HGRM getting paid. It appears that the truth has been shown although I thought from the postings that there would be much more PR here in the US about the tax program. But, we still know little about the payments. I'm Not sure why HGRM doesn't address that issue as it is basic. Lets hope HGRM just doesn't want to show their cards for all of their competitors to see until the timing is right. Perhaps the completion of 4 years of audits will mark that time. Or, the acceptance for movement to the Nasdaq. Or upon receipt of millions for shipments. I must admit that I too would error on the side of secrecy if I were in their shoes, until establishment of market dominance was more certain. Still, why don't they tell us about the payments for the Russian deal==that's the real money that needs to be shown--not the audits IMO, because the audits I suspect won't show much money. Ted