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Gold/Mining/Energy : US Plastic Lumber Corp (USPL) -- Ignore unavailable to you. Want to Upgrade?


To: Keiko who wrote (69)3/4/1998 2:10:00 PM
From: Roberts  Read Replies (1) | Respond to of 164
 
I am an investment banker. Look at the multiples which other
building product companies sell at. There is no lock
up on the common shares. This company has been trading for
one year with only 1.5 million shares outstanding. Suddenly
there are 13.5 new common shares and over 1 million warrants
which have been registered. For a stock this thinly traded,
a 10 fold increase in available shares is bad news.

Do you really think this company is worth $180 million?
Look at their next quarterly report what the value of their
total assets are.

Remember $7 bucks at 3/3/98. I'll stock performance
speak for itself.

- brian