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Microcap & Penny Stocks : Gator's Picks from the Swamp -- Ignore unavailable to you. Want to Upgrade?

To: Gator who wrote (542)	5/27/1999 1:31:00 PM
From: HandsOn	Read Replies (1) \| Respond to of 616

Congratulations neighbor, looks like I should have picked up some IGHS.

To: Gator who wrote (542)	5/27/1999 7:35:00 PM
From: Warlock	Read Replies (2) \| Respond to of 616

Gator; OKTI Hope things are going well in the swamp!! Not sure if you are familiar with the company or not, but I though the swamp might want to take a look at Oxford Knight International (OKTI). And by the way, nice call on IGHS. . . was wishing I would've held onto a truck loadof that stock from when I started that thread about a year ago! was just a little bit premature, I guess! I've just come across some information regarding OKTI that makes me feel incredibly bullish about the future of the stock. This afternoon, I had a chance to speak with a couple of people, including Paul Syracuse, President and CEO of Oxford Knight International (OKTI). There are several upcoming developments that make OKTI appear very attractive at these levels. Some of which I can go into detail. . . some of which I cannot. To begin with, an Individual Investor ad is scheduled to appear at the end of the first week in June. This publication should bring OKTI to the attention of a large investing audience. Furthermore, a corporate website is being developed so that shareholders will be able to readily access company information. Furthermore, update letters will be sent out to over 1100 shareholders in roughly 10 days. Keep in mind that nearly all of the shareholders hold a miniscule amount of stock. . . often less than 100 shares. These are holders from days when the stock price was significantly higher. While they have no reason to sell (transaction costs wouldn't make selling their 100 shares a viable option!), this shareholder update will likely cause several of them to average down. The float on OKTI is incredibly tight. . . the figure mentioned by PR is 282,000 shares; however, CEO Paul Syracuse believes that just over 100,000 shares are totally out of his control and influence. He personally owns over 97% of the company. He states no intent to sell within the next couple of years at least, and judging by the lack of Form 144 filings, I believe him. One of the reasons that the stock is currently being held down is due to a short position among at least a couple of the stock's market makers. No, this is not the typical "My stock is dropping. . .so let's blame it on the market makers!." In fact, several market makers have called the company, attempting to purchase shares so that they could fill market orders. And I have personally observed Level 2 on OKTI for several weeks. . . judging by the movements of the market makes, I can vouch for the fact that at least 2 of them, especially Knight Securities and Southland, appear to be short. CEO Paul Syracuse mentioned that the company is initiating a plan in order to force the shorts to cover their position. . . through the use of calling in certificates and the like, I imagine. With the stock as tight as it is, a short covering situation could move the stock upwards very nicely. Paul Syracuse also seems to honestly have his shareholders first in his mind. . . he is very proactive, in that he personally calls up the market makers when they appear to be treating the stock unfairly. One of the strengths of the company is that it is essentially a BLIND POOL. OKTI is willing and able to acquire virtually any type of company or project, as long as it will be profitable for OKTI's shareholders. Value will be added to shareholders through spin-offs, and OKTI also intends to position itself to be able to sell off some of its divisions for a profit. The main problem with owning OKTI stock is the lack of liquidity. The company has plans to remedy this situation. . . I am not positive how, but there is a decent possibility that a Capital firm may come aboard at some point. Therefore, as time goes on the stock should gain liquidity, and the spread will tighten. FURTHERMORE: OKTI has SEVERAL projects in the works. . . while I cannot go into detail, it appears that several mergers and acquisitions may be made public within the next few weeks. I believe that a news release may be released early next week, with a couple to follow shortly. Everything I've gleaned seems to point in an incredibly positive direction. This is one BB company trying to gain NASDAQ listing which I feel ACTUALLY has a shot at doing so. I'll continue to try to learn as much as I can, and pass that information on. In addition, if you have any questions, please don't hesitate to ask. . . if I don't know the answer, I'll be more than happy to find out for you. Good luck!