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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Money Maker (MM) who wrote (4217)	6/3/1998 12:21:00 AM
From: NASDBULL	Read Replies (2) \| Respond to of 25711

Do the math here: How can the market cap be $8 million? @.18/share x 19,000,000 shares, that's only a $3,420,000 cap. Explain?? taken from press release.... <<<<<<<<< TEXN is currently trading at 18 cents per share, with 19 million shares outstanding. The market capitalization of TEXN is $8,120,000. Daily trading volume averages 80,000 shares per day. With only 9 million shares in the float, the value of TEXN shares has risen in the last nine months from 4 cents a share to a high of 20 cents a share. <<<<<<<<<<<<<<<

To: Money Maker (MM) who wrote (4217)	6/3/1998 1:27:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 25711

That's true...TEXN profits could easily exceed 13 cents per share this year...in fact it looks almost guaranteed with the backorders and the gripper products, etc., but that's what I liked about the Company... they don;t seem to be overhyping.