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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: cavan who wrote (60614)8/29/2000 10:36:25 AM
From: DADEPFAN  Read Replies (1) of 150070
 
ASRG - yes, it has been very quietly inching up from a low of 17 cents a few weeks ago. It's now in the .26 - .29 range, and the audited annual filings, due out before the end of September, are expected to be very good indeed.

ASRG's ongoing aggressive acquisition program (last one paid for in cash - over a million), it high well success rate, it's 25 million revolving line of credit, the high cost of energy (resulting in higher profits for ASRG), the excellent management team, and the breakup asset value of .92/share (probably a lot higher now, that was back in May), all combine to make ASRG a real bargain at these prices, IMHO!

8^)

Dave D
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