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Microcap & Penny Stocks : DRGI (Diversified Resources Group)
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To: Michael Graham who wrote (598)8/1/1999 5:21:00 PM
From: Jim B  Read Replies (2) of 818
 
thankyou.. very true you are...

another thing is that we've all see companies on the NASD and DJ that are losing MILLION and MILLION per qtr and yet they still trade at $10 or $20 or $100/share???

so if DRGI is starting over and does in fact produce some contracts.. then someone tell me if CPU (Compu USA which bought a HUGE loser Computer City) can trade at $10+ and be losing it's shirt then why is it that DRGI can't be worth at least 25cents a share with a pretty clean wiping of its debt from the CH11 (and a new start with contracts/revenues)

CompUSA is just an illustration.. I realize they are a household name.. but certainly Walstreet does give valuations to companies based not always on what they've done.. but what there future may hold.. that's the point.. DRGI is no CompUSA.. but actually that may be a good thing.. lol ; again just an example. a poor one at that I guess as they in different markets.. oh well .. maybe someone understands..

I think people can sometimes expect too much from a penny stock and then when they finally deliver and bring on some revenues.. sometimes they don't get their just rewards either..

so IF they can produce some revenues and assure us they mean to stay in business.. (can't file Ch11 again for 7years.. so it's NOW or NEVER)

then they will have my money invested here and will bring back alot of others that have left or are ready and waiting to average down on this selloff

jim
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