Airstar Technologies, Inc. (ASTG) Message Board

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

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To: Financial Internet Group who wrote (1278)	11/18/1997 1:59:00 PM
From: uu	of 3967

Interesting earnings report! I am a little surprised with this earnings report to the point that I may consider buying a few shares of XECM as a strictly highly speculative investment at this time (mainly due to the fact that I am not planning to go to Vegas till next year). The part that I feel comfortable as a speculator to buy is the fact that the total revenue for the 9 months of 1997 has increased about 36% as compare to 1996, while the total cost of this revenue has increased only by about 11%. Despite the fact that the net loss has increased, the actual gross profit increase of 29% from last years 13% (which is about 200% increase) is a bit impressive. So what the heck I am planning to buy some at $0.25 (currently the bid is at $0.27 with the ask of $0.34) as purely speculative gambling. But only if I can get the stock at $0.25 (not a penny more). If the existing share holders get really upset (as I believe they might already be) they will start selling for tax write off purposes cuasing to push down the price further. At $0.25/shr this stock is now, in my opinion, worth considering as a strictly highly gambling candidate and may no longer be considered as just a sit-com! My speculative gambling plan will be as follow: I will (if I can get the shares at) $0.25/shr, and perhaps by mid January (during the January effect) this stock can go to around $0.50-$0.80/shr. That is aboit 100-150% return! And the chances of this happening (with the latest improvemnet in their business) has gone up from 0% to about 5-10%, so I think it maybe worth the gamble! Just my humble opinion and not an investment advice. Regards, Addi Jamshidi

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