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Microcap & Penny Stocks : TESCORP (TESC) = Undervalued Opportunity!

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To: MKEL who wrote (68)7/16/1997 3:45:00 PM
From: timmy e.   of 206
 
Mkel,
Thanks for the update. As soon as I read your message, I checked the Bid/Ask and saw it uptick to 3 1/8- 3 1/4. Well anyway, I refuse to bite at a higher price considering I own such a nice position now. It'll come back to me or I'll just sit content and count my blessings once this stock pops. As I see it, TESC could sell the company right now for $3.50 -$4.00 per share, higher if present management is desired in the deal. If a financing deal is announced soon at an attractive amount and price, this stock should jump about another buck or so. As I see it, the only downside from today's level is if one of two things happen (please, i hope I'm not jinxing myself!); The stock market crashes and drags all of the stocks down about 50% or so, or.......someone nukes Argentina and destroys all of Tescorp's cable television systems. Remember MKEL, this a pure asset play. Latin American cable is in heavy demand and I don't see this scenario changing anytime soon. Good luck.
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