Recieved this via an e-mail by DailyWire@aol.com
Our new position play for January is DRYD, we are hearing they will finally
announce news this week on one of four companies that will be rolled into the
shell in the next month. This might be another INVT or YNOT in that
timeframe. Accumulation has been going on for the last week according to the
charts and it looks like it is picking up today. Here is some info below,
that should give you an idea of what to expect in the next month. The
current ask is .23
DRYD, the little shell that could, is about to become a real, revenue
producing, profit making company with enormous future potential.
Rumors have it that DRYD, this week, will lock up the deal for a reverse
merger of Vista, a video streaming Internet company with clients that include
Microsoft, Arthur Andersen, Price Waterhouse, New York Life and IBM, to name
just a few.
In addition to producing training and sales videos for corporate clients,
Vista has developed streaming video technology for web customers and markets
it to business web sites.
vistapvg.com
DRYD shares have been trading between 16 and 18 cents lately, numbers which,
in a very short time, will seem ludicrous. This is one of the most under
valued stocks we've seen.
Projected Vista revenues:
Close to half a million in 1999
2 million in 2000
8 million in 2001
18 million in 2002
27 million in 2003
Following the Vista deal there will be announcements of other companies that
will roll up into DRYD.
Trying to gauge the value of DRYD stock, post merger, you'd have to consider
it's a business to business Internet success in this hot market environment.
60x next year's profit (1 million) gives us a 60 million market cap, for the
Vista portion of the company alone. The numbers are staggering. And this is
based on Vista revenues alone.
Compare that to a public company called Intervu (ITVU). Although it is
believed Vista product is superior, last year ITVU had $3million in revenues
with a 7 million loss and a 1.5 billion dollar market cap. On Dec. 31, 1999
ITVU was priced at $105, up from around $8 last January.
This is the sector and financial arena into which Vista will bring DRYD
shareholders.
Outstanding shares: 54.3 million
Float: 26.7 million, held tightly by ?long hands?
When you own DRYD stock it will be like owning, for pennies, the IPO of an
aggressive, profit-making, upstart video streaming company with tremendous
future growth potential.
MM?s are rumored to be in a huge short position. So much so, that the buying
pressure from this news will send DRYD shooting upwards.
Accumulation numbers:
ragingbull.com
Lee Matzig, DRYD CEO, is about to finalize the first of four lucrative deals
that will turn this shell into a veritable public company spin-off machine.
Other companies rumored to soon be rolled into DRYD:
A cell phone radiation protection company that already has a national market.
A second video Internet company.
A restaurant chain with 40 locations and plans to double that in 2000!
As you can see, the Vista deal is just the beginning.
Long time DRYD shareholders have faithfully watched this company work
diligently to make this happen. Now they will be richly rewarded. I'm sure
they wouldn't mind if the rest of us came along for the ride.
Remember the success of INVT and YNOT? Well in my opinion once all four
acquisitions are completed, DRYD will be more profitable then both of them.
Let's hope DRYD's stock follows the same pattern. |
