Penny stocks are flying all over the place,
many are near 52-week highs. Learn from the past-
take profits and don't be greedy.

OTCBB $Volume remained strong in June.

Cash Rich
If airlines are rebounding can hotels be far behind?
Wydham International WBR closed Friday at .46
down from recent YTD high (.76).

WBR is the fourth largest hospitality and lodging
company in the United State. Their portfolio consists
of 200 hotels.

168,082,892 s/o as of 5/12/03
76.87 million cash
77.32 million market cap
http://www.wyndham.com/main.wnt

China Continental CHCL is in the forage business.
They plant, harvest and sell various grains and grasses in China.
For the three months ending 3/31/03 revenues were $0
(Apparently, they do all their business in the 3rd and 4th quarter).
19.8 million cash (Cash can only be used in China)
280.1 million s/o
8.12 million market cap
CHCL closed Friday at .029

Add to your Wi-Fi radar
FTS Wireless FLIP Announces Aggressive entry into Wi-Fi Market
http://biz.yahoo.com/bw/030701/15055_1.html

"Tampa, Florida based FTS Wireless, a wholly owned subsidiary of FTS
Apparel, Inc. (pending name change to "The FTS Group") ...operates retails
wireless locations in the Gulf Coast market of Florida, and sells Pre-Paid
wireless products and services in various markets along the eastern seaboard.
The company also markets wireless products globally through its e-store. For
additional information about FTS Apparel, Inc or any of its subsidiaries, please
visit our website at www.FTSWireless.com or review our periodic filings with
the Securities and Exchange Commission at http://www.sec.gov."

FLIP closed Friday at .32
(They've been trading between .15 and .25 all year,
recently broke out on decent volume).

Rockport Healthcare RPHL reported record revenues
and the fourth consecutive profitable quarter.
http://biz.yahoo.com/bw/030701/15693_1.html

RPHL closed Friday at .20, the spread is .20 x .50,
never mind...

QuickLink
These guys need all the help they can get.
http://www.nakedshortselling.com

I'll keep you posted.

gp@pennyheaven.com

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