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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: Carole who wrote (1907)	11/26/1997 2:56:00 PM
From: TraderGreg	Respond to of 11708

Profits from the sale of Uinta are accretive to share value. With respect to earnings, though, street analysts back out those earnings as one time extraordinary numbers(the street does the same with one time special charges when you buy something ). My understanding is that selling Uinta removed debt, caused the return of CSMA shares, created an interest in X shares of ERHC. LPS acquisition provided the foundation for both assets and to reach the $50MM market capitalization that the NASDAQ requires.(Prior to the LPS acquisition, the outstanding shares in CSMA would have necessitated a much high share price than the $4 it now needs. Not to mention the fact that Uinta didn't provide the asset base that LPS does. TraderGreg