To: franco who wrote (252 ) 11/11/1997 7:44:00 AM From: David Smith Respond to of 11708
I received the following email and I thought you would be interested in it and my response: >hi, im the guy who posted for csma on the yahoo hot stocks board. I also >put a good word in at stock-talk.com, a new stock forum. I've been >following the thread for about a week and a half, and it is definitely the >most interesting thread on si. you guys are all very dedicated to this >company. i own a very small position, but with even as little as I have, >i want to do the most to get the word out and get people buying and >holding. Im not a member of si, but i just wanted to drop you a message to let >you know that the word IS definitely getting out (like you didnt know that >already). >a few questions though...what is your profession? I dont seem >to remember, i thought i read it in a post. is it in investment or >business?... >and when will this stock REALLY start moving...after the financials come >out or before? what can i expect the price to be by jan.? >--Thanks... >"guit-bob" Thanks. I'd be happy to answer your questions. I will post this to SI as the investors of CSMA will be very appreciative of your efforts. I am a business consultant, I am not a financial advisor. There will be 4 waves of buying although there will be quite a bit of overlap throughout: 1st wave - short covering, can start any time, look for movement next week. 2nd wave - release of financials, hopefully within a week or so, strong buying on the fundamentals well into December. 3rd wave - NASDAQ listing, company will file once $4 stock price is achieved, the approval process might take some time, might wind up coinciding with 4th wave. Institutional buying will occur. 4th wave - Class V well approval in February, incredible revenue potential will be the icing on the cake, strong buying will occur. Price by January? Let's talk February: my crystal ball is a bit foggy, but I will do my best; my prediction will be over the $10 range, with my expected low being $6 and my expected high could exceed $20. David