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Microcap & Penny Stocks : DRGI (Diversified Resources Group) -- Ignore unavailable to you. Want to Upgrade?

To: $Mogul who wrote (203)	7/28/1999 6:54:00 PM
From: vestor	Respond to of 818

Based on the financial statement, I see a PE ratio of 1.. At a minimum PE of 10 is not unreasonable and that would bring us to a share value of $1.72.... then there is the future earnngs potential.... A great find ! Might just want to also look at GNNX... up 39% today.... merger news... audited figures... perhaps another high percentage winner....

To: $Mogul who wrote (203)	7/28/1999 6:55:00 PM
From: Jim B	Respond to of 818

exactly.. remember monday's PR... DRGI is going to have some news out over the next few days and into next week that will continue to give us better insights as to what this company should be trading at.. i don't know when news is coming.. but I've heard within a few days and the PRs elude to them anyway... as we know they've issued shares to make some new contracts/alliances.. LANCE B would not throw out a bogus stock to us and he along with others have done some nice DD... still plenty of more things to discuss and that's good we do.. I think that if this was from a settlement or one time sale of something than that makes a difference as to whether the stock should trade at 50cents or over $1.00 ; I don't think we should set a valuation of $1.00 or more on this stock unless these were ONGOING operations results OR if we get some news on this 1600 lots land thing that Lance talked about.. or news on the HIV product or some major alliance.. time will tell.. what a ride... most likely those that are sour are the ones who sold too early and want back in.. but we do need to discuss all sides of this issue in finding the truth and a good valuation.. 50cents? 90cents (as I figured it to be) .. $2 as others have thought? let's all be civilized and work together to figure this one out GREAT JOB LANCE B! jim

To: $Mogul who wrote (203)	7/28/1999 7:02:00 PM
From: Jim B	Read Replies (1) \| Respond to of 818

a thought: I was wondering if the company had any 504's out there that might have been converted and sold coming into the last 30mins.. but instead of us tanking at the close... we pulled back on a VERY quick shake to try and scare sellers... and the JUMPED right back and close near 18cents... one of the strongest closes I've seen in a penny stock.. anyone see any reason why not to accumulate on dips? wonder how many market buy orders are going in overnight to get in line for tomorrow's open?? our opening price today was our low for the day. wonder if this is one worth buying at the open and just letting it ride.. if you trust the DD.. then answer is yes.. but always have to be careful with market orders in fast moving stocks.. lots of people will buy at the open with only HALF their funds... and save the other half for any dips that might occur.. that's what I did, but I kept chasing the stock up all day and finally paid 4cents more than I could have if I'd just bought it all at the open.. so who knows... do what's best for yourselves.. lol have fun everyone... great to be holding this stock.. market has been pretty dead in the pennies... I'll bet alot of people gather into this one simply due to boredom elsewhere jim