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

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To: MKEL who wrote (80)9/11/1997 12:09:00 PM
From: timmy e.   of 206
 
Mkel,
EXCELLENT news came out today. United International Holdings (UIHIA) sold their 150,000 subscriber systems in Argentina to Supercanal, a major player, for approximately $1,500 per subscriber, or $225 million. UIH received 'north of 10x" system cash flow for these systems, a significant increase from past acquisitions. The cable television market is heating up in Argentina, with prices skyrocketing due to the oncoming opening of the telecommunications market in that country. Plugging in these new valuations to my spreadsheet, I believe Tescorp shares are NOW worth over $4.15 per share, EXCLUDING the upcoming equity deal and the "hoped for" debt deal. If Tescorp announces a debt deal ($20-50 million?)sometime in the near future and utilizes a little leverage, my figures show these shares should climb past the $6 range. YOU HEARD IT HERE FIRST. IT IS ONLY A MATTER OF TIME...........................
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