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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: JeffO who wrote (3279)	5/13/1999 11:40:00 PM
From: Stephen Goldfarb	Read Replies (1) \| Respond to of 5541

Jeff: Your reasons are good. I hope the company shares your view. It's an open question whether, or to what degree, the company views the 109 million reported outstanding shares a problem. Other companies appear to do just fine with large number of issued shares. The total cap of the company at .05 per share is around $5.45 million. Assuming they are able to generate decent revenue on the sale of their first one or two releases, I would hope the company simply decided to buy back half or more of its shares. It would be a good intermediate to long term investment for the company. It would also benefit insiders who presumably have as much or more at stake with a RS. Steve