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Non-Tech : Havana Republic (HVAR)

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To: Michael Stocker who wrote (3)7/17/1998 8:23:00 AM
From: Jonathan Lebed  Read Replies (4) of 686
 
Thank You. It seems if the volume is low, and mostly buys...we move way up. But if the volume is high, and mostly buys...we go down. Yes, this is part a shake-out, but also a sign...that they have inventory, that they need to sell. So once more buyers come our way, we will be on our way, to a better valued price. Where are all of these buyers coming from? Not from SI...because they would be scared by some of the bashing. They are coming from the radio shows, which are stirring up a lot of interest.

My only concern is, the current share situation. Today...I am going to confirm from the TA, that his share count, included the convertable shares at $1.03. If you wish to see the convertable share contract, I will be willing to post it later. Also...since shares are going to be issued next month, I want to find out if they included that, in their EPS estimates. Because if the issuing of shares, dilutes the EPS...I will need to change the thread title, to "P/E under 2".

Jon
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