Rande Is. . .FISHING. . [under $1.50] Message Board

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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: christopher who wrote (3009)	12/22/1999 10:57:00 AM
From: KevinThompson	Read Replies (1) of 4766

Excellent point. That information alone would tend to give merit to the argument that the common is way undervalued, and that in a rational market, we should expect to see the P and common go up. (Operative word is "rational"). 50c for a warrant and 5.00 gets you six commons. That equates to somewhere around 90c for the common. Anything less than $1 for the common is a good buy in my opinion. This would indicate that 50c for the warrant is priced right. Based on that argument - (true, a lot of assumptions are being made), I see the P and the common as excellent buying opportunities at current prices. Best Regards, KT

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