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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: Bernard Ng who wrote (68464)10/25/2000 3:14:51 PM
From: Joe Copia  Read Replies (1) | Respond to of 150070
 
SYTE, I will call that overbought after today's action... provided that it doesn't tank back this hour JMHO.

Overbought in this market is a plus.



To: Bernard Ng who wrote (68464)10/25/2000 3:17:14 PM
From: Tom Allinder  Read Replies (2) | Respond to of 150070
 
Tech breakouts all get overbought... should go back to breakout point and hold there. If it doesn't hold then its a false breakout... MY OPINIONS :)

Tom



To: Bernard Ng who wrote (68464)10/26/2000 12:47:08 PM
From: Joe Copia  Respond to of 150070
 
SYTE float smaller than the 6-8 million previously posted:

Message 14666019

also from an email note the bold!

1) Total shares, 27M

2) shares in the float...... 2.2M, the majority of which is in friendly hands.

3) any earnings? Yes, we are cash flow positive. Our ISP division should generate approx. $200K EBITDA on sales of approx. $2M this year, excluding any acquisitions
by year end. We have one significant acquisition in the pipeline. We are cash flow positive at the corporate level as well, thanks to our investment activities and extremely low overhead.

> 4) any long-term debt,

Our ISP division has some nominal debt which was absorbed in the transaction.
> 5) cash on hand,

$750K, plus $9M in committed capital we can draw on if needed.

> 6) burn-rate

- we are cash flow positive.

7) what happens if (what I assume is a shell), can not acquire any income producing properties??? >>

> We are not a shell. We are a profitable, fully reporting, holding company with multiple operating business. There is no question as to our ability to acquire future companies.


I hope you find these answers helpful. Feel free to contact me directly with any future questions.

Regards,

Clinton J. Sallee
President/CEO
Sitestar Corporation