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


To: gizmo&jack who wrote (12772)7/27/1999 1:51:00 PM
From: Jim B  Respond to of 108040
 
agreed.. but do we know what the float is? if the news yesterday is true then $14.4 million/year gives a company with 7.7million shares out a book value of $2/share forgetting any EPS..

and it's trading at 8cents??

bought all i could afford today.. if they do get some news out later this week on a joint venture then that could bring in some nice investment groups as it will add credibility to their story..

just have to see what happens.. but at these prices.. you're right it's rather cheap

jim



To: gizmo&jack who wrote (12772)7/27/1999 11:04:00 PM
From: Jeffrey L. Henken  Respond to of 108040
 
The float on DRGI was posted as 33 million on the Wire to Wire thread. Hope that helps!

Regards, Jeff