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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?

To: Robert Rice who wrote (5666)	5/16/1998 4:44:00 AM
From: BlackStar	Read Replies (2) \| Respond to of 12043

I really was not hyping. I just got so sick and tired of the daily drip drip drip of false information trying to drive the stock price one way or another....Thats why I have tried to use math to make most of my points......Nothing I said is a rumor or unsubstatiated... I know you were not trying to hype up something wholly unsubstantiated. I understand that you are enthusiastic about Eutro, as am I (long term). I have read your mathematical exercises with some interest and I can only say that I was first! :) Way back I tossed a few figures around and altough it was 'fun' it didn't really tell anything about how Eutro will perform in the future. Although Eutro is well on its way in building a solid company that doesn't mean that EUTO (the stock) will automatically reappreciate. I hope we are clear on that basic point. There are a lot of factors that make up the share price at a given time. The state of the company is only one. When it comes to the usefulness of your figures there are at least one big position in the calculus that you have no hint of. And that is the costs part. We don't know what Eutro is spending to produce revenue. That makes math like yours (and mine) a very coarse tool at best. Not useless but not exactly a precision tool either. I agree with you in that I think Eutro is building a better company. Each deal they sign makes the stock more undervalued. At some point there will be a correction. But this being the BB, Eutro being non-reporting and the share price what it is there will be swings before new base levels settle in. Looking at the charts you can see that each base up until now has been fading over time. I see that as an effect of investors not having confidence in the management. And rightly so IMO based on past events. But as Eutro progresses the confidence will return. There will be a time when our current problems will be in the distant past. As I have stated before I see Eutro as a stable company within a year or two. Then I am certain the stock will have reappreciated to more reasonably track the value of Eutro. Altough I believe in the long term prospects of Eutro I think it is dangerous not to be critical. We're in the same corner hoping for the same things. So keep that math coming, one day it may come handy. Stay open minded! BlackStar