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Microcap & Penny Stocks : Haber Inc.

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To: Rich Bailey who wrote (597)5/18/1999 1:52:00 AM
From: WHITEAGLE  Read Replies (1) of 817
 
Rich ... Yes I do. It is the result of the decline of teaching in Math and Science in this country. It seems that people don't know how to add and multiply and they don't understand value even with the use of a calculator.

By my Calculations this deal is worth .104 (In Hand) with another .173 due at mining commencement. (Based on ORXX price today at the bid) Now if we include the 11% (minimum 8%) smelting returns, there is another potential for .26 per share. (As I recall from my earlier calculations.)

I don't know the financial strength of HABE currently but if my calculations are correct they made a deal worth roughly $ .54 per share EPS. This was the level I was trying to stabilize the stock at before the ball got dropped by "Others." Assuming their overhead is not out of sight and their debt load is not dangerous and basing it on a 15/1 EPS ratio, that would be $8.10 Per share. (Hypothetically of Course)

Please don't rely on my calculations, do the math for yourself. It has been quite a while since I had all the info on HABE so it is very possible my calculations are off a bit. (Especially if they have issued any more shares.)

I am not recommending anyone buy the stocks that I pick. All information herein is presented as Strategy Teaching and should be considered as "Examples" rather than advice. They are presented as ticker symbols to do research on and decide for yourself after you have done your own Due Diligence Research. Then "IF" they fit your investment style then you do as YOU decide. Since I don't "pump and dump" day-trade then it isn't necessary to blindly jump into a stock. TAKE YOUR TIME. So buy low and sell high. (but don't miss the 1000+ % ride if you can help it.) None of the statements herein shall constitute any solicitation or recommendation for buying stocks and should be considered as solely for entertainment purposes.

George
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