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Microcap & Penny Stocks : ICVI (now MTEI) -- Ignore unavailable to you. Want to Upgrade?

To: Jim B who wrote (4222)	5/28/1998 4:19:00 PM
From: Craig K	Read Replies (1) \| Respond to of 11850

What did I say to deserve that Jim, I bought more ICVI...Preachin to the wrong guy!! Craig

To: Jim B who wrote (4222)	5/28/1998 4:28:00 PM
From: eric deaver	Read Replies (2) \| Respond to of 11850

Can some one critique the following estimations: If I read the press release properly, the coal and methane represent $110MM in earnings (over how many years I do not know). Based on a projected 70MM shares (I know...but its a round number) that $1.57 / share earnings. Even at a PE of 10 that a $15.00 stock on just the coal and methane. This is with no valuations of the natural gas or oil holdings. OK, lets 1/2 that (underestimated removal and shipping costs and overestimated coal price) that's still a $7-8 dollar stock just on earnings from the coal and methane reserves. For .70 - easy EASY 10 bagger - no hype JUST CONSERVATIVE VALUATION. Any comments?? Eric