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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: vagabond who wrote (10772)	7/2/1999 2:32:00 PM
From: Jim B	Read Replies (1) \| Respond to of 108040

LOTS:::At July 1, 1999, there were 4,418,610 shares of Common Stock outstanding currently trading at 10cents and todays news does that they are at least going to get $10million on the settlement.. they'll have to appeal to get the other $100million so forget about their assets... the settlement alone gives them $10million and yet at 10cents/share they have a market cap of $400,000!!!!!!!???????????????? this stock is book valued at least at $1.00 share... (figuring low because they probably have some debt to pay off) so after doing more DD .. I agree with WAYNE and Lance that this is one to buy while everyone else is panicking... this stock has been above $1.00 all year and this week crashes to 10cents... there are risks.. but if things go even remotely their way this stock will jump back to 50cents rather effortlessly jim ps.. sold out BICO at .11 after buying at .094 jim