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Microcap & Penny Stocks : Airstar Technologies, Inc. (ASTG) -- Ignore unavailable to you. Want to Upgrade?


To: Financial Internet Group who wrote (1278)11/17/1997 9:10:00 PM
From: Wes  Read Replies (2) | Respond to of 3967
 
Joe, the "conversation" about Maesa joining Xecom is totally academic, so why are you going on about it? Maesa doesn't have any money. So there is no use talking about it anymore is there?

We all meet "clowns"; we don't all go into business with them. Don't push me on this or I might have to admit an exception.

When I see results on the upside for Xecom stock, then I will retract what I said about your ability on that score, until then I unsay nothing. My opinion is still the same. Someone else can do it better. If you think I was mean in the way I said it, your probably right.

Wes



To: Financial Internet Group who wrote (1278)11/18/1997 1:59:00 PM
From: uu  Respond to of 3967
 
Interesting earnings report!

I am a little surprised with this earnings report to the point that I may consider buying a few shares of XECM as a strictly highly speculative investment at this time (mainly due to the fact that I am not planning to go to Vegas till next year). The part that I feel comfortable as a speculator to buy is the fact that the total revenue for the 9 months of 1997 has increased about 36% as compare to 1996, while the total cost of this revenue has increased only by about 11%. Despite the fact that the net loss has increased, the actual gross profit increase of 29% from last years 13% (which is about 200% increase) is a bit impressive.

So what the heck I am planning to buy some at $0.25 (currently the bid is at $0.27 with the ask of $0.34) as purely speculative gambling. But only if I can get the stock at $0.25 (not a penny more). If the existing share holders get really upset (as I believe they might already be) they will start selling for tax write off purposes cuasing to push down the price further. At $0.25/shr this stock is now, in my opinion, worth considering as a strictly highly gambling candidate and may no longer be considered as just a sit-com! My speculative gambling plan will be as follow: I will (if I can get the shares at) $0.25/shr, and perhaps by mid January (during the January effect) this stock can go to around $0.50-$0.80/shr. That is aboit 100-150% return! And the chances of this happening (with the latest improvemnet in their business) has gone up from 0% to about 5-10%, so I think it maybe worth the gamble!

Just my humble opinion and not an investment advice.

Regards,

Addi Jamshidi