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Microcap & Penny Stocks : SLEL- the next hot chinese internet play.... -- Ignore unavailable to you. Want to Upgrade?


To: Larry Hartman who wrote (70)5/12/1999 9:10:00 AM
From: Jim Bishop  Read Replies (1) | Respond to of 235
 
Check this from RB, thanks Cima:

By: CIMA
Reply To: 110 by dpol1835
Tuesday, 11 May 1999 at 6:36 PM EDT
Post # of 112

It seems obvious to me that the company needed a promo to eat through some paper that
needed to be sold and placed with the general investing public. Somebody with a fair whack
of shares wanted out. It isn't done yet by the look of things. However, I do think the company
has a solid enough story to come back on a fundamental basis once the shares are
absorbed by the market. The share price is being negatively impacted by the technicals.