US Plastic Lumber Corp (USPL) Message Board

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Gold/Mining/Energy : US Plastic Lumber Corp (USPL)

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To: Tom Dickson who wrote (67)	3/3/1998 9:07:00 PM
From: Roberts	Read Replies (1) of 164

$180 million dollars valuation! You've got to be kidding. The only reason this company has a valuation is because the investors in this company are listening to hype instead of facts. There are a lot of newly registered shares coming down the pike. (1.5M traded now, 13.5M shares coming soon to a broker near you) Let's see where this company is trading in two months. Remember $7 on 3/3/98. A $180 million valuation for a company with no earnings and maybe $60 million in 1998E revenue. Sexy industry with high margins? No. It's a commodity product. You've got to be kidding me. I only wish that there were shares to short. If you're so hot on this company, ask yourself why the company didn't issue a press release announcing the registration of all of the common shares. Look at the risk factors in the prospectus. A fool and his money are soon parted. good luck - brian

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