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Microcap & Penny Stocks : SPDE (nee CVUS)-- the scammiest Internet stock
SPDE 0.00010000.0%Mar 7 3:00 PM EST

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To: Mark S. who wrote (104)4/1/2000 11:56:00 AM
From: Mark S.  Read Replies (1) of 114
 
I've dug into this a little more and not sure what value SPDE has.

1. Without the royalties from Spectrum SPDE would be nothing. Granted there decent, however once the income stops there is no PE ratio. The only other meaningful income is investment income. big deal..

2. What expenses are driving the ratios to be so far out of whack? RD?

3. Any insight on the wireless movement?

My opinion is this stock should be priced at $2.00. Guess what I'm not a basher. Thats better than posting zero. Information is tough to come by and what I can dig up, still not much to go by.

anyone have any thoughts?
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