ICVI (now MTEI) Message Board

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Microcap & Penny Stocks : ICVI (now MTEI)

MTEI 0.00400

-14.9%

Nov 18 9:31 AM EST

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To: Maakamil who wrote (4819)	5/29/1998 4:01:00 PM
From: RocketMan	Read Replies (2) of 11850

You did DD on me?? Wow, I've never had DD done on me that I know about :-) You didn't get into my beer ice chest, did you? About the book value, I researched about 100 oil and gas firms and the average price to book for those with negative earnings is 1.5 Once they start earning, it is at least 3 If you found one that low, it is an outlier, not representative of the industry. Do the research yourself and you will see my numbers hold up.

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