Public Shell/SEC - No Debt - $.83 p/s cash, $.28 last ask Message Board

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Microcap & Penny Stocks : Public Shell/SEC - No Debt - $.83 p/s cash, $.28 last ask

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To: Paul Andrews who wrote ()	5/15/1999 11:02:00 PM
From: Paul Andrews	Read Replies (1) of 17

I'd like to equate a different way of looking at EGXP. Based upon 3,073,000 shares outstanding X's current ask price* of $.28125 = an enterprise value of $865,000 divided into cash and certificate of deposit of $2,560,000 equals $2.96. *I bought 5000 on Friday (5/14/99) at $.28125 equaling $1406.25. My share of cash based upon 5000 X's $.833 = $4165.00. Or each of my $1406.25 invested represented net cash of $2.96 in EGXP! An interesting value out there is NWRK. Nearly to the brink, recovered and now producing exceptional results. Fully reporting, low valuation compared to earnings and cash flow. Check'm out, Paul Andrews

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