EBLD - Entertainment Blvd Message Board

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Microcap & Penny Stocks : EBLD - Entertainment Blvd

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To: Guy. who wrote (2098)	4/30/1999 10:55:00 AM
From: gizmo&jack	Read Replies (1) of 3838

EBLD is really interesting in its movement, as usual. It has been taking off on no news, but nothing on phenomenal news. Anyone new should realize this: the average price of a new share in this deal will be $5.83 (2 units = 2 shares (for $10 total) and 1 warrant (for $7.50) = $17.50/3 = $5.83). That is the base price!!! For a stock like EBLD, savvy private placement investors will be looking for big returns (at least 2 to 3 times minimum). You are talking about expectations of $10 to $15 minimum (which will be considered cheap by yearend) for the near term (remember, the warrants expire in 1 year). It amazes me how long it takes for people to recognize the obvious sometimes.

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