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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: WZGEKKO who wrote (740)8/24/1998 11:34:00 AM
From: brodway  Read Replies (1) of 1058
 
WZGekko........
Im not sure whether the actual float is 300k. Im sure that with this acquisition, the float should increase substantially. But in any event, such a tremendous revenue generator would certainly justify such an increase. It would make sense that the stock should react positively to this news(so far 3 15/32) as no one would have guessed that Megaworld would be able to bring on such a huge acquisition.
Im still puzzled as to how the chairman was able to convince TBS to merge with them. Its not everyday that a bulletin board company is able to merge with a company with $30 million in revenues, and an employee base of 225.
Way to go Megaworld.

See you all at 10,

Brodway.
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