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Microcap & Penny Stocks : CCZ - COMMERCIAL CONSOLIDATORS - Company Website http://comm -- Ignore unavailable to you. Want to Upgrade?


To: Jerrold Annett who wrote (10)3/29/2000 4:41:00 PM
From: B. E. Barry  Read Replies (1) | Respond to of 17
 
Michael Weingarten struck some pretty good deals. On the "Desig" acquisition, issuing 3,100,000 shares to get after-tax earnings of $775,500 gives the company $0.25 per share earnings (for the new shares), which isn't too shabby.

And with the "YAM" acquisition, what can I say! CDN 4.8 million cash to acquire after-tax earnings of 1.65 million I can't remember the last time I saw acquisitions on such favorable terms. This stock wont be able to stay on the under $5 thread for much longer...

I know, there are also some options etc., but still fabulous deals.