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 : OPTI
OPTI 0.00160+23.1%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Shoe who wrote (322)7/19/1997 8:26:00 AM
From: Steve Zimmerman   of 482
 
Did a little more checking yesterday because frankly I was confused. There is no short selling going on since there is only 40m short. OPTI's conference call went well. They stated most of there shareholders are now small guys like us. There are virtually no major institutions here. Which is good and bad. The cash on hand is still around $4.50/share. But here is where it gets interesting. They have an investment in another co can't remember the name that they are looking to sell which should add around $20mm dollars or another $1.50/share....now we are at $6.00/share. OPTI also has a facility in Asia that they have on the books as being worth $6-7mm....H & Q recently came in and valued the plant at around $35mm big difference. Now if you totally liquidated the balance of the company some are valuing it at around $11.00. I have been in this baby for awhile and thought I would be out of it by this past June....so I'm hoping these figures are correct and that OPTI for me gets in the black. The story looks good. Hey up a 1/2 when the DOW is down 130 and the comp down 20.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext