PELT Message Board - Msg: 313632

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Microcap & Penny Stocks : PELT

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To: William Harvey who wrote (41)	9/29/1996 10:55:00 PM
From: leon y.	of 78

Bill, Thanks for the reply. I read through everything I could find on this company, including the old 10QSB in Edgar, still not sure how this company is going. Do you think after the release of the new 10-QSB, the price will move immediately? Looks like it's a cheap long term play, but I really want to know their current valuation of real estate and the hair care business before I put money in it. Old 10-QSB says they have $4.8M in assets, and they have $1.8M long term debt, so that gives a book value close to a dollar a share (3.3M shares). IS THAT FOR REAL??? Please correct my math. Thanks. Regards, Leon

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