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To: M, Anderson who wrote (307)4/19/1998 8:32:00 AM
From: SirAlexx  Read Replies (1) | Respond to of 2038
 
Tech Electro, symbol TELE has just announced their intention to raise $20 million via IPO of a company they just paid $1 million for! That will add $2 to $4 dollars per share to their books in cash, (depending on how you calculate the shares.) There are 4 million shares outstanding and 900,000 in the float; but warrants and stock options raise the outstanding shares for EPS calculations to 9 million.

Either way, this one is loaded with upside potential, and IMO low risk.

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