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


To: TraderGreg who wrote (5998)3/22/1998 9:19:00 AM
From: TraderGreg  Read Replies (2) | Respond to of 11708
 
News I received: Bacon Butts News Service has just forwarded a recommendation for CSMA to their EMAIL clients. I will post the hilights below.

Date: Sat, 21 Mar 1998 04:17:53 -0600
Subject: Featured Newsletter on Coconino SMA (CSMA)!

Featured Newsletter Dated: March 21, 1998

Coconino SMA, Inc. (OTC BB: CSMA)
Current Ask-Bid: $0.54-0.51

Dear Subscriber,

M3 Research "M3" Has Appraised Coconino SMA (CSMA) With A "BUY" Rating.

An independent research institution "M3 Research" has just recently
appraised Coconino SMA with a "Buy" rating. PennyStock Picks
strongly agrees with this Buy recommendation based on company
fundamentals and its perfect technical position for price escalation.

M3's one year price target for Coconino is $5.00 per share or
approximately 16.1 times our earnings per share estimate of $0.31 for
fiscal year 1999. With at least three wells drilled in the Texas Gulf coast
area during 1998, their price target jumps to $6.00 per share. We estimate
CSMA will earn $0.03 per share in the June-Aug. '98 quarter (1st Qtr 1999).

We also agree with this target price of $5 per share. Coconino
was a featured stockpick on PennyStock Picks on November 11, 1997.
Within a couple of days after we posted CSMA, it rapidly appreciated
in price and closed as high as $2.26, an increase of 67%. We believe
it has temporarily bottomed-out in price where it currently trades at $0.54
(ask) - 0.51 (bid).

Additional descriptive material on the company followed in the release.

Bacon Butt News Service (BBNS)
BBNS@ZEBRA.NET