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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ

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To: Brad who wrote (556)6/16/1999 1:24:00 AM
From: Jill Collins  Read Replies (1) of 1143
 
Brad: Excellent question of us longs as to the anticipated IPO price of GoProfit.com.

Based upon your criteria (which seem to be very fair) I would anticipate an opening price in the $40 range in the current market. If the IPO Internet market improves I would add another $20. If GoProfit is profitable at the time of the IPO, I would adjust my estimates upward. Have we ever had an IPO of a profitable Internet company? While I anticipate these as the opening prices, the price would likely move up in the secondary market. How high? I don't know. I do know, however, that even with the lowest estimates the current DDEQ price is an absolute steal.

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