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To: bullhead who wrote (440)3/25/1998 11:13:00 AM
From: Ed Fishbaine  Read Replies (1) | Respond to of 811
 
At between 3 and 6 cents a share the company can buy up between 150 million and 300 million shares with $10 million cash.. Then it could cancel all these shares and start over. Of course, any purchasing plan would push the share price up but then the market would realize that there is a bottom to the price. Why not do this?



To: bullhead who wrote (440)3/25/1998 1:58:00 PM
From: Matt Black  Read Replies (1) | Respond to of 811
 
Still here, losing my a$$ same as everybody else in this stupid management clusterf*&%k! When and if these guys (including Smith" Barney"--hmmm....that name rings a bell...isn't that a silly purple dinosaur?), get their act together, we might actually have an opportunity for the stock to be valued at its real price. This would be a price actually reflecting its true mineral assets as well as the $13 million that should still be there, but who knows at this point. Wish I had sold 10 days ago and was buying in here!

Matt, wondering why somebody can't get this stock back on track