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Microcap & Penny Stocks : Biosafe International, Inc [BSFE]

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To: Jay Matulich who wrote ()11/5/1996 1:22:00 AM
From: Andy Nemo   of 280
 
Jay, That's a really interesting post. You're speechless. I know. These last day's of joy ride is to much for all of us. Apparantley, we are all so beaten up that we don't dare to think that the nightmare might be over.

But maybe it is over, and the company will be priced as it should. AND that's a lot higher than today. With a cash-flow of about 0.5 per share in 97, we could see this stock trading at 10 USD (20 times Cash-flow). THAT's a fair pricing.

We must not forget that, even if the stock price has slided.

But still there could very well be new downturns. Let's hope this is the last.

Andy
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