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Microcap & Penny Stocks : NYRR,What is going on? -- Ignore unavailable to you. Want to Upgrade?


To: Auricman who wrote (3986)6/25/1999 10:48:00 AM
From: robert heisman  Read Replies (2) | Respond to of 4304
 
I posted this on FREEREALTIME
Would like imput from any of the SI true investors in NYRR also!

Greg finally fax'd me the letter (all five pages). After reading over the financials I am more excited then ever. If you take out the extraordinary loss (THE WRITE OFF) in the 98 figures, they lost $383,000. Looking at this I would certainly expect to see this company profitable in 1999 even with the NS agreement going from 6/1/99. I do not count in one time only items as they will not occur again. Spending money to beef up and modernize the operation in my opinion is a BIG PLUS and can only ADD to the PROFITS down the road. I must go back and re-read again as there has to be some negatives here. Why is this stock sitting under a dollar? Why isn't every real time investor out there buying up every share they can get their hands on? Someone come at me with the negatives that I am not seeing. I would value a response from you SAYLOR more than others.