TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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

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To: dkgross who wrote (95815)	11/9/2001 7:21:10 PM
From: Buckey	Read Replies (1) of 150070

OK PVN and NXCD are ib the same leaky boat with a for sale sign - "fixer upper". The deal.com says the following and I provide the link at the bottom. So PVN has 300MM shares and a $3 share price so the markety cap $600MM and are trading close to the sale price excepted of $1B. BUT NXCD has 55 MM shares and a 70 cents share price so a market cap of $40MM and a price tag of $300MM on the sale. Hey I am not expected a $5 Plus buyout for a 70 cent stock but am trying to understand the difference Providian Financial Corp., San Francisco credit card issuer Banker: Goldman, Salomon Smith Barney Stage: Early Likely sale price: $1 b plus Possible bidders: Bank One Corp., Citigroup Inc., Household International Inc., Wells Fargo Corp. Update: Buyers will be reluctant until company determines which accounts are in default. Back to index -------------------------------------------------------------------------------- NextCard Inc., San Francisco-based online credit card issuer Banker: Goldman, Sachs & Co. Stage: Company said it is up for sale Likely sale price: Valued at $300 m thedeal.com

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