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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: Stock Watcher who wrote (33058)5/10/2000 9:53:00 AM
From: Francois Goelo  Read Replies (4) | Respond to of 52051
 
S.W, CCCZ is going to be very Volatile as investors have...

trouble understanding the ramifications of the deal... I personally see a potential share price in the coming months of between $2.00 and $2.50... Time will tell but the CEO owns 1.2 Million shares and he must have figured that the deal was worth substantially more than 80 cents/share... In any case, it's not that easy to do a Reverse Merger of a shell without Assets, whose value has been pushed up by an over-anxious market, to a Market Cap of some $11 Millions... I know of far cheaper shells...

JMHO, F. Goelo + + +