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Microcap & Penny Stocks : GMTI-Greenman Technologies

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To: Dan O. who wrote (111)10/15/1998 4:25:00 PM
From: Dennis Latchum  Read Replies (1) of 177
 
Looks to like they paid for the latest acquisitions by issuing stock. There was a reverse split (March98?) and now the earnings are based on 6 million outstanding. This would indicate (to me) a typical market "reward" for the dilution. If the numbers are correct this could very well be the price bottom. At least I am willing to bet on that at this time..... hopefully the numbers are correct.

Dennis
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