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Microcap & Penny Stocks : EDII

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To: BigDaddyMac who wrote (1154)6/15/1998 2:11:00 PM
From: gerard mangiardi  Read Replies (1) of 2849
 
I just spoke with IR and am very disturbed. First of all how can anyone be excited by today's news if we don't have two basic facts. What exactly did the company buy and what did it cost. WE don't know. All we know is that there has been more dilution to current shareholders. That is bad.
A basic question any shareholder has the right to know is how many shares are issued and outstanding. IR wouldn't tell me. So how can An investor know the value of his holdings.
There are an awful lt of optimistic posts but nothing concrete.
I'd like to believe that at least one of the businesses the company is in is a real growth story, but I don't see it. I'd like to think there is some synergy among the company's various businesses but I don't see it.
Unless the company comes out with concrete facts about itself and its divisions buying the stock is acting blind.
If anyone is in touch with management maybe they could communicate that there are skeptics who could be big buyers but they have worked too hard for their money to gamble it on hearsay.
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