TASA. Can someone with KNOWLEDGE help!!!! Message Board

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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!!

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To: Bob Davis who wrote (173)	2/12/1998 10:17:00 AM
From: csm	Read Replies (1) of 601

Bob, You sure are good at avoiding the question. Would TASA have made 3 cents/share last Q without the extraordinary items, and if so why do you only project 5 cents for the next year? Why did you drop your estimate from 10 cents to 5 cents while nothing adverse has happened to revenue projections? It doesn't matter how I value stocks, I'm asking what changed in your calculation. There are lots of ways of valuing stocks. What I meant, remember I did say crude was simply that if TASA makes 10cents it could reasonably be worth a multiple of 15-20 and therefor a price around $1.50 -$2.The PSR would be in the 2 range, which wouldn't set of any alarm bells. If it makes half that, then it's only worth half as much and doesn't warrant immediate attention. Don't get me wrong, I appreciate the work you do. I just want to know what changed. Stuart.

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