To: David Smith who wrote (263 ) 11/11/1997 12:37:00 PM From: franco Respond to of 11708
I like your 4 waves theory about where C$MA's stock price will go! Hey maybe Shorty will WIPE OUT on the First Wave so we don't need the rest... HANG 10 SHORTY!!! Although there are a lot of variables involved in this stock play - ie shorting, etc., what makes C$MA different from other so called "momentum plays" is their NEED FOR MORE MONEY(usually involving dilution of stock) IS LOW. They just sold Uinta- there is cash in the bank, the subsidiaries are virtually profitable, and their hole is paid for, and it'll only take $100K in improvements (and maybe $40K to buy the governers daughter a Lexus- hehehe)to turn that $700K revenue hole into the $52 mil revenue hole. when the gov signs off on the deal next year. That's why I think this is the fa$t, ea$y money pick to make those MULTIPLE POPPING sounds- maybe 4 times in a row like you said- all the way up to $20!!! I was trying to compare this key "non-dilution" element with 2 of my October momentum plays that could just muster 1 POP and then dropped: CBNR @ .20, went to .75 Oct 8, now back @ .28: www4.techstocks.com Problem: CBNR will need million$ more in working capital financing(ie stock dilution) to reach their goal of operating the Cooper oil rig company profitably. FNTN @ .30, went to .57 Oct 17, now back @ .28:www4.techstocks.com Problem: FNTN is loosing money and issueing stock to pay bills until their big sales are supposed to hit next year. C$MA does not have the dilution problem as those stocks do and WILL NOT BE A 1 HIT WONDER like the Bay City Rollers... C$MA's gonna be like The Rolling Stones and KEEP ON ROCKIN AND ROLLIN! SO I THINK WE'RE RIGHT ON TARGET FUNDAMENTALLY to see this thing through all of Shortys tricks and reach the CA$H ZONE... and patience is the name of the game. GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO C$MA!!!!!! GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO THE DISTANCE!!!!