UPGD 'Smart Card' potential $2.4 Billion World Wide Message Board

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Microcap & Penny Stocks : UPGD 'Smart Card' potential $2.4 Billion World Wide

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To: Intrepid1 who wrote (136)	1/20/2000 10:08:00 AM
From: realmoney	Read Replies (1) of 203

What I don't get is how the company can justify a $1.5 billion dollar market cap and then turn around and sell 22% of the company for $10 million. According to their own "fire sale" prices, the company is only worth $45 million. That's $1.97, a share!!!! Any comments.

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