TXPO - TXP Corporation (Bulls Board) Message Board

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Technology Stocks : TXPO - TXP Corporation (Bulls Board)

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From: rrm_bcnu	3/10/2006 3:28:47 PM
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More news from PQL: I've been able to confirm with some members that have talked to the CFO of Texas Prototypes that the company will have it's first tally of the results of the proxy voting next WEDNESDAY. stockcharts.com As you can no doubt see, the stock is incredibly strong as everyone seems to be jumping in to the stock to get a piece of Texas Prototypes before the news is official. I do NOT know if they will announce the results in a press release, but it is conceivable the merger could be legally completed on Wednesday if SMKT has already received enough votes for the merger (which everyone expects). I continue to stick to my .10-.20 presplit level for Texas Prototypes ($1-2 post merger), and own 55,000 shares @ .03 average. When TXP trades on its own .. you can bet industry players, MOBL shareholders (who get a piece of TXP from a spin-out), and general value/growth investors will be all over the Texas Prototypes story. If the stock were to break .07 today, we could see yet another significant breakout, as .068 represents the 52-week high AND short- term resistance. I have not been compensated by SMKT/TXP to provide coverage of their stock. Regards and Best of Luck, Tim / PQL Research

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