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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: Rande Is who wrote (424)2/4/1999 8:52:00 PM
From: KonKilo  Read Replies (2) of 4766
 
Rande, TPEG in a nutshell: marginally successful film production co decides to use their Naz listed, clean shell to become an internet holding co. They are in negotiations with six co's initially, more to follow later. TPEG indicated an equity interest in the first one today : flowers and gifts.com, a florist-plus that has agreements and the ability to connect with FTD for delivery TODAY. (This is important; the competition uses next-day drop shipping). Think about THAT.

TPEG has considerable carry forward credit, in addition to their clean shell, making them attractive to a small, successful start-up co. They also are close to selling a division valued at around $5M.

If you are familar with what CGMI has done in this niche, you'll know the co that TPEG is modeled on.

Float is 6.5M. I think there is somewhere around 1M convertible overhang, but that is at best a guess.

TPEGP is the best value right now, as it is less than the common and carries a stock dividend.

I have a fair sized long position in TPEGW.

Ken from the low brass section.
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