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Strategies & Market Trends : Pluvia's Fist.com - Pluvia's Plays & Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: Pluvia who wrote (1043)	10/10/2000 2:11:34 AM
From: The Schwarz	Respond to of 1766

SHORT Due Diligence Report on NSDR based on 10Q... Close 6th October 2000 @ $4.62, up 23% on 24,000 shares traded... 1) Stats: Balance Sheet... + Outstanding shares: ± 7,083,180 + Total Assets EXCLUDING Good Will: ± $5,297,875.00, but including... + Receivables: ± $2,579,144.00 on sales of ± $361,972.00!!! + Total Liabilities: ± $7,555,689.00 + NEGATIVE Shareholder's Equity: ± $2,257,814.00 or ± -32 cents/share, excluding Good Will... + Intangible Assets = Good Will: ± $22,840,691.00!!! 2) Stats: Income Statement... + Last Quarter (31 July) Revenue: ± $361,972.00 + Last Quarter (31 July) LOSS: ± $1,086,133 or ± -15 cents/share 3) Conclusion... The Good Will/Intangible Assets figure of $22.8 Million for a business LOSING tons of Money, is SO RIDICULOUSLY HIGH in relation to the Tangible Assets of $5.3 Million, that one has to wonder what are the real motives for this acquisition... For all intent and purposes, I have ignored the Good Will component in the process of forming an opinion on this Company... So we're left with approximately: $2.3 Million or 32 cents/share in NEGATIVE Equity and LOSSES totaling $1.1 Million per Quarter or around $4.4 Million annualized, which represents about 61 cents/share and is roughly $900,000 less than the total Assets of this Company... The Receivables of $2.6 Million are grossly disproportionate to quarterly sales of $360,000... As a result, I believe the Stock is a STRONG SELL with a short term Target of 25 to 40 cents... 4) Disclaimer: This is only a personal opinion derived from my understanding of the latest 10Q Filing, NOT a recommendation and no responsibility is accepted for errors or omissions. Would-be investors should carry out extensive Due Diligence...

To: Pluvia who wrote (1043)	10/10/2000 9:36:05 AM
From: Anthony@Pacific	Respond to of 1766

You are a joke,, you not only have no talent but you are a regurgitator of everyone elses ideas,, you couldnt trade yourself out of a shoe box..much less help anyo e..I left you short and screaming 9in RMBS and ..I took a long when I left and it only increased by 300 points in your face...You scream about HAND,,,,LOL.you obviously never learned a damn thing about alloctaion and as far as AMZN short...just watch and learn from those who know more than you .. Take notes Steve cause you suck at trading...Im not a day trading mo-mo head like you......

To: Pluvia who wrote (1043)	10/10/2000 9:37:28 AM
From: Anthony@Pacific	Read Replies (2) \| Respond to of 1766

You are a joke,, you not only have no talent but you are a regurgitator of everyone elses ideas,, you couldnt trade yourself out of a shoe box..much less help anyo e..I left you short and screaming 9in RMBS and ..I took a long when I left and it only increased by 300 points in your face...You scream about HAND,,,,LOL.you obviously never learned a damn thing about alloctaion and as far as AMZN short...just watch and learn from those who know more than you .. Take notes Steve cause you suck at trading...Im not a day trading mo-mo head like you...... By the way nice thread,, how much you want to bet you and your 7 members are the only ones who look at it..... come on steve go ahead scream...." Look at me "" sum more....