Transamerican waste (wste) HOT STOCK Message Board

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Microcap & Penny Stocks : Transamerican waste (wste) HOT STOCK

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To: ilan saadia who wrote (21)	7/10/1997 12:16:00 AM
From: Kevin Chesser	of 61

From recently filed prospectus (paraphased): On or about July 10th, 21.4 million shares will be registered and may be sold by the selling shareholders from time to time. The 21.4 million shares includes 13.3 million shares previously restricted and 8.1 million shares issuable upon exercise of outstanding warrants or conversion of debt (whenever that may be). My guess on volume pickup (causing slight price drop) is that some public investors are nervous about that many of the 40 million or so total shares outstanding becoming tradable at this time. For me, the next few weeks will give strong indications of the respect for this stock. If volume increases and price is down, run for the exits...management/insiders likely are selling. If lower volume, tells me management believes. Personally, I cannot see an insider selling at this time. This company is just getting things in order: 1995: $12 million revenues; $7 million net loss 1996: $16 million revenues; $7 million net loss 1997: $40 million revenues estimated per news release! First quarter showed profit of $233 thousand (mostly w/o Sanifill purchase which closed in March). Just my opinion. Sorry for long post. Kevin

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