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

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To: Early Out who wrote (221)3/29/1998 12:23:00 AM
From: Thomas Kirwin  Read Replies (1) of 601
 
Meat & Potatoes

Ahhhhhhhh, just the way I like it! This announcement contains all the ingredients of a great meal:

Meat - $8,000,000/yr Revenues
Potatoes- Accretive to Earnings Per Share
Vegetables - Pro-forma Revenue Increase 350% Over 3 Years
Dessert - Pro-forma EBITDA of $3 Million Plus for Fiscal 1999
After Dinner Drink - Established Educational Delivery Channel
After Dinner Cigar - Area of Strong Long-term Accelerated Growth Trends

The best part of this hearty meal is its price. The final bill seems very reasonable at a cash purchase price of $2,500,000 via bank financing* including tip of a Stock Purchase Agreement.

Investors can now hang their hats on the value of this deal and the underlying value of TASA's core business divisions. The current stock price of $1 1/16 does not reflect the full worth of TASA based on future earnings. IMHO expect the share price to continue its climb leveling off at $1.50 until the closing of the deal on June 30, 1998. Thereafter, the price may jump another $0.50 or $0.75 reaching $2.00 - $2.25. Of course the 2nd quarter earnings release for April could accelerate the increase when announced sometime in May or June.

I wish all my investments tasted this good. Bon-appetite!

Regards,

Tom

* Prime+2.5% or fixed rate secured loan IMHO
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