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Microcap & Penny Stocks : EDII -- Ignore unavailable to you. Want to Upgrade?


To: ted who wrote (381)5/29/1998 4:47:00 PM
From: RCJIII  Read Replies (1) | Respond to of 2849
 
To all EDII longs, Check out CNGR, it is almost the mirror image of EDII. It is a Dallas company with a few million in revenues last year but will have almost $90 million next year through several acquisitions of unrelated but quickly growing companies.

Also, like EDII they have an asset that is ready to explode. They own 222,222 shares of Inktomi an internet company. They paid $4.50 per share about a month ago. Inktomi is going public next week and currently the IPO is being repriced from about $14 to over $20. Many expect the stock to explode at the open. (possibly to $50 or more)

If this happens, CNGR's one month investment of $1 million will be worth over $10 million. Very similar kind of bonanza to EDII's land purchase.

CNGR has no debt and over $7 million in cash on hand. Earnings are due next week and will be strong with over a 1500% revenue increase.

check out RJ Falkner's website at Streetnet.com. They have issued a full 10 page research report explaining the company, it is called THE CROWN GROUP.

Good Luck on EDII and CNGR

RCJIII