SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: angra manyu who wrote ()7/12/1996 2:22:00 AM
From: Joe Jablonski   of 3967
 
I just spoke with Dal (I don't have the last name handy) another investor's relations contact at Xecom. We were discussing the "value" of Xecom. He informed me that when dealing with telephone type companies they should be valued on the number of lines. Based upon the current number of lines (which is expected to be increased in the near term by approximately 40%) even at the low end of the value typically assigned to the lines, Xecom was worth approximately $14.50 per share. Since the company is trading just over $2 with very little debt, this is a huge potential.

I asked Dal why he felt the stock was trading so low. His reaction was that there was a lot of short sellers of the stock holding the price down. He informed me that once they broke the $3 range they were going to change from a bulletin board stock to Pacific Exchange Stock. Dal felt this would curb most of the short selling manipulation on the stock and we could see some definite upward movement.

LONG ON XECOM!!!

Good investing to all...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext