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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

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To: Joseph Lanza who wrote (417)2/26/1997 2:02:00 PM
From: uu   of 3967
 
Joseph:

Thank you so much for finally giving some answers to my questions.
Now I have one small problem, the numbers I have do not match
with yours. May I ask where do you get your numbers from? My
numbers maybe old dated and I need to verify this. I have the following
numbers:

> 1. Shares issued 9,548,972
2. Long term debt: 34,000,000 (approx.)
3. Short term debt: 5,500,000 (approx)
4. Assets: 12,000,000
5. P to S ratio: N/A
6. P to V ratio: N/A
7. PE 1997: ?
8. Institutions: 5
9. 15 people own 150,000 shres or more
10. No insiders at this time have registered to sell.

So obviously our numbers do not match! But I need to see where
you get your numbers from. The numbers I have are provided to me
by my brokers. According to my numbers the total net worth of
the company is about negative 18 million $, but according to your
number it is about +6.5 million $. According to my numbers the
current market cap of xecm is about 5.5 million $ while according to
yours it is about $7 million. Also what do you mean when you state
number of shares issued (legally)?!

Unfortunately I also could not get an official P/E and P/S either.
Can you please say what is the expected/projected earnings for
XECM for 1997, and 1998 (also the revenue)? But I would have
thought as someone with so much invested in XECM you can come
up with what you expect (or think) the P/E and P/S for 1997 and
1998 would be. So can you please let me know of those numbers?

Regarding your comment of:

> my remark about American terms, was geared to the fact that it
> appears that you do not understand what is being written. The
> remark was not geared to your nationality, only to your
> understanding of what has been written; you come across as very
> narrow minded.

Lets assume you did not meana to make any discriminatory racist
remark toward me. I have no idea how my being a narrow minded
mentality has anything to do with your statement of "American
Statement get a life"? What does' American statement' have anything
to do with your view of me as a narrow minded person!! But in any
event, I am not sure how to reply back to you with your latest
mocking since I am a narrow minded person! But that is OK, as long
as you give me the facts and no hype I dont care what you call me!
Anyway I apprecaite it if you can please tell me:
1. Where do you get your factual numbers from (as I said mine may
not be up to date as I am verifying this with my brokers).
2. Can you tell us your estimation of P/E and P/S for 1997 and
1998 (i.e you projection of expected sales as you think the company
can deliver).


Regards,

- Addi Jamshidi
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