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Technology Stocks : CYAA = Planned Real Estate Spin - Off

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To: michael john stout who wrote (62)4/6/2000 3:18:00 AM
From: Francois Goelo  Read Replies (1) of 150
 
Michael,

Nothing concerns me about CYAA... I checked again this close to 1100 acres property they bought in Nevada at just over $800/acre... They made two sales, so far, at about $250,000/acre: no worries there... About 360 acres of that is zoned for building Casinos... I have recently estimated their Assets, including some 20 Shells, to be worth well in excess of $100 Millions, or $33.00+/share... Few Companies with this steep rate of Growth (over 100%), trade at Book Value...

JMHO, F. Goelo + + +
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