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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: Scott R. Harwood who wrote (13)1/29/1998 7:46:00 PM
From: Jonathan Lebed  Read Replies (2) of 1058
 
What do you see here in this MegaWorld? How can you say it will be $20 in a year? Why are you people buying? Because of the news that may be released next week? Well....FAMH is reporting their audited financials next week! Unlike MEGW...they are a reporting company and have a value of over $10. But like MEGW...they are a BB...BUT that should change soon (just like TPRO). MEGW already had most of it's gains and I think it will be heavily shorted some more. But with FAMH, you will be able to get in tomorrow to enjoy Monday's full ride of 200%. Today with MEGW...most of you bought shares towards the end of the ride. This company has nothing to currently go on...but FAMH will have financials for sure next week. The eps for last year is estimated to be $0.11 and the stock is priced at $0.29! They would of made over $0.20 for last year but they are acquiring companys like hell to expand into new regions. My estimates for this year is profits of $0.50 per share!!! You can't say that with MEGW. But who knows....I am considering buying some shares of MEGW just for the hell of it. (serious) I would just like it if someone could speculate on what the news will be.

JLebed
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