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Microcap & Penny Stocks : GLBM expected to earn $.25 next year - A buy at $1.25

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To: NAG1 who wrote (813)3/10/1999 8:46:00 PM
From: Tradrvic  Read Replies (1) of 938
 
Downside:

What did they write down, why?
Of course we are not supplied with such information.

The margins of such a business must be small if a company with sales of $7m only has to give up 20% of itself to buy a business with sales of $30m.

Upside:

We are now a much larger company.

We may now have a new sales force and many new contacts.

We might be listable on NASDAQ.

I think that I once saw a private placement memo for this drive manufacturer circulated by Hambrect and Quist or someone on the west coast. If this is so, we now have allot of contacts in the silicone valley. We may even have aftermarket support outside of Minnesota.

Questions:

Are we a more profitable company now?
What is in our owners equity account?
Will we get support from a new broker?
How was it financed?
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