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Microcap & Penny Stocks : EDII
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To: Robert Everhart who wrote (1019)6/11/1998 9:19:00 AM
From: xbrent   of 2849
 
EDII is growing thru acquisition. The more market cap they have the more they can acquire. Their CEO is succesful and has a heavy stake in the outcome. It is thought that they have undervalued assets as well.
They are changing their name and plan to become fully reporting and perhaps trade on the American Exchange. They have multiple and diverse businesses. Read the thread to understand them and what they do. Companies can and do increase their value thru acquisition as long as the companies acquired are immediately profitable and they don't dilute shareholder value to any great degree in acquiring the businesses. It is also thought that when the stock trades in the $1.30 to $1.50 range this will trigger additional opporunity in terms of other profitable acquisitions. Some regard EDII as the BB stock of the year.
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