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Microcap & Penny Stocks : DIAMOND EQUITIES DDEQ -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Rubin who wrote (425)6/11/1999 1:15:00 AM
From: Soccrates  Read Replies (1) | Respond to of 1143
 
After spending a considerable amount of time researching DDEQ and making phone calls, here is why I like it:

1. Unlimited potential of GoProfit.com and GoNow.com.
They have affiliated themselves with some of the
biggest names in the Internet industry.

2. Owning DDEQ will be the only way for the average investor
to get GoProfit.com and GoNow.com in the IPOs.

3. The value of a DDEQ share is worth many multiples
of what it is currently trading. I believe in calculating
the value the following must be considered:
(a) Pre-IPO dividend of GoProfit.com shares
(b) Options to buy GoProfit.com shares
(c) Pre-IPO dividend of GoNow.com shares
(d) Options to buy GoNow.com shares
(e) DDEQ's retention of a major stake in both companies
after the IPOs.

4. With a relatively small number of shares outstanding,
we could easily see these sell at $80 when they IPO.
This would mean $160 "free" for every 5 or 10 shares
of DDEQ owned. Add to this the options and DDEQ's
retention of a major stake, and $30 for DDEQ is a
fair valuation.

Based upon my research and in looking at the numbers, this seems like a great investment at anything in the $15 to $20 range. The current price is significantly undervalued.