Green Oasis Environmental, Inc. (GRNO) Message Board

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Microcap & Penny Stocks : Green Oasis Environmental, Inc. (GRNO)

GRNO 0.00

Nov 18 4:00 PM EST

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To: TATRADER who wrote (373)	12/3/1996 4:51:00 PM
From: cloud break	of 13091

Mark, you're not crazy with your Head & Shoulders bottom formation although some may question your sanity for proclaiming yourself as a technician (don't they burn 'um at the stake). I do have a question. What do you have as a target should we happen to breach the neckline? From a fundamental stand point, i have a question for the thread. With the recent news is it fair to assume that GRNO is looking at .50 per share in '97 earnings? I'm no expert on how they would fair with their tax status (EPA credits, etc.) but would it be safe to assume that .35 could fall to the bottom line? Would it also be too simplistic to assume a P/E of 20 for fair valuation? Please correct my thinking but are we looking at a 7.00 to 10.00 stock? Any thoughts? Regards, danny

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