MegaWorld Inc. (MEGW) Message Board

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Microcap & Penny Stocks : MegaWorld Inc. (MEGW)

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To: jean1057 who wrote (833)	11/9/1998 10:11:00 PM
From: Emec	Read Replies (1) of 1058

Glad you got some RNTK. MY HDIE position pales my RNTK position thought. It will be the biggest stock I have ever or will ever own IMO. I look for $30 for HDIE in 18 months. On MEGW, try calling the guys there, David Mahy, Winn Roll, Mark Pearlgut at Lobsenz Stevens. Look at the press release put out regarding the TBS acquisition. IMO, the release is accurate. TBS is a real company with 200+ employees. The internet telephone business should be huge with extremely high margins. What would Charles McPhail (owner of TBS and a pretty well connected guy from what I hear) want with MEGW? Why would he want to be acquired and become part of the company (CEO)? Because, he realizes the potential of the internet telephone business and,yes, the castle and other planned timeshare spots. I believe MEGW could do $30-$50 million in revenue next year and perhaps $5 million income. With a pretty small number of shares out, that would translate into a nice EPS and with MEGW moving to Nasdaq next year, I think the stock could trade between $5 and $10 which is a nice return from here. It was even nicer buying at 1 1/4!

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