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Microcap & Penny Stocks : VLVT (was CSMA)
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To: nougie who wrote (6595)4/3/1998 9:50:00 AM
From: TraderGreg  Read Replies (1) of 11708
 
We can sit here and reference old posts all day or he we can look forward. I for one continue to feel the fundamentals of this company override any errant statement or misquote from management.

I guess what I'm saying is: "Even I could "coach" the Bulls to a championship". Right or wrong, the fundies are so potent, that I have concluded that defeat can't be snatched from the jaws of victory.

Let's assume that this current low price is fair market value of the Company with Class II only and Ad Hatters and misc. Ask yourself one question, if you owned the EnviroTec well and it was the only game in town/county/state, what would you sell it for? Then divide that number by 23 million and add that to the current price of the stock to get a minimum "breakup" value. No matter what you may think of management style/skills, are you not looking at number far, far higher than the 60 cent range?

TG
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