Hearx(EAR) Message Board

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Microcap & Penny Stocks : Hearx(EAR)

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To: warren schmidt who wrote (137)	6/23/1997 6:28:00 PM
From: John Goodman	of 383

I'm sure you have all had time to digest the EDGAR 10Q filing. Still think this company is worth $2? 82 million shares outstanding with more convertables in the wings. Need more operating capitol? Float more shares. Operating losses continue and this was supposed to be the profitabe year. The year is not finished but even the most dedicated among the faithful should seriously question how shareholder value is droping. I still hold to my view that EAR is a $.50/share company. Maybe less if outstanding shares reach 100 million and profit doesn't come soon. Historically, EAR has only put cash in the company by issuing more shares. How much longer can this go on? I guess as long as people are willing to pay a huge premium for a company that has no idea when it will print black ink. John

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