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

To: IRVINESULLY who wrote (4076)	12/28/1997 8:32:00 AM
From: Steven Durrington	Read Replies (2) \| Respond to of 11708

The Envirotech disposal well was estimated, in previous discussions on this thread, to be able to earn around $1 to $1.50 per share. Recent discussions on the gas field acquisition put earnings at about $0.15 from this part of CO&G. I haven't received the financials yet, thanks to Saudi mail, and so I have no idea about Adhatters or LPS earnings. Needless to say, both are expected to rise significantly. The ERHC shares aren't too significant at this stage, so I won't count them yet. At a conservative PE of 15:1, and earnings over $1.50, we would have to be looking at a price of at least $20 per share in the next 12 months, assuming that everything goes well as planned with the 4 subsidaries. That's why CSMA is my pick for the "Greatest Profit Competition", and why I put every available spare cent of my meagre stock account into this company. But nothing's assured except death and taxes... Durro P.S. My off the wall, unfounded and completely baseless speculative choice for the "Pick the Stock" might have been GIFT. It's an all or nothing gamble that rides on a successful courtcase over a patent. I wouldn't recommend this one for the feint hearted, but if they win, this one will skyrocket. However, I still stand by Coconino as the pick of the year.