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

To: LegalBeast who wrote (9897)	6/8/1998 8:48:00 PM
From: HRH	Respond to of 11850

Watching dalnet mIRC and someone named "daytrader21" was telling the ICVI crowd that big things are instore next week.

To: LegalBeast who wrote (9897)	6/8/1998 9:01:00 PM
From: lightfoot	Respond to of 11850

Four things I want to point out for the night crowd. 1. The asset was not sold or mortgaged with interest to generate $$ 2. How could there be any substantial interest charges on doing this as opposed to simply borrowing against his assets with a bank. 3. Immediate stock listing - liquidity - Immediate Expansion 4. Immediate capital infusion to begin production or to purchase more valuable assets. Heres the long version ME wants to maintain control and be able to build value for the long term realizing that what they have could be developed profitably. How profitable who knows right now, but earlier today another $400 coal mine was purchased. Stock price of the company was $51 per share. These are hard assets and commodities oil, gas & coal, some at very good bargain prices right now. Imagine what increased oil prices and more demand for clean coal can and will do for the value of the asset. Its almost my only bearish position since I didn't buy any MINE. Still thinking about IKAR though. Consider the stock swap of $200,000,000 dollars worth of assets for stock which is valued at $70,000,000 as of right now as an interest free loan. Heres my take on this. At the time of takeover ICVI was basically nothing, Software office and a secretary. But they did have a stock symbol and $200,000 Cash on Hand. The stock was selling for as low as .02 to .07 cents per share. There were about 50 million shares of ICVI out at .05 per share that's $2.5 million + $200,000 for the cash on hand. Mr. Uselton is sitting on an asset and has little liquidity for growth or development so what does he do borrow the cash at 9% or make the deal of the century. He chose to make the deal, and at a $1 per share that's like a $70 million cash infusion at no interest that he paid $2.7 mil for or probably some portion of the additional 20 million shares. Looks like a sharp businessman to me sitting on a 26 bagger "RIGHT NOW", The key now is just how Mr. Uselton manages that $67.3 mil. for his stockholders. From a business standpoint and the art of the deal, Four things 1. The asset was not sold or mortgaged with interest to generate $$ 2. How could there be any substantial interest charges on doing this as opposed to simply borrowing against his assets with a bank. 3. Immediate stock listing - liquidity - Immediate Expansion 4. Immediate capital infusion to begin production or to purchase more assets. If he has any more deals like this left in him let me follow a little while longer. I think this emperor has already bought a new suit, and if you are patient you might get one too.

To: LegalBeast who wrote (9897)	6/8/1998 9:03:00 PM
From: Richard B. Haenisch	Read Replies (3) \| Respond to of 11850

HELLO EVERYBODY! For those of you who care to read my assessment of todays activity: I have been trading for approx. 10 years and even though I am pretty new to penny stocks I am pretty keen in evaluating a high percentage play. I understand that for most (me included) the events of the last few trading days have been extremely shocking and probably very infuriating. "Why didn't I sell when it was at $1.63 or why didn't I see it coming or I knew it was too good to be true!" "Penny stocks - you gotta get in and as soon as you are up take your profits!" I have heard it all day - today At this point I am certainly in no position to argue with that investment philosophy. However, ICVIs financial situation and prospects for the near future have not changed - in fact they look even more promising - and anyone who is in the "red" right now (on paper), shouldn't even consider selling. If you are in the "black" the decision is yours - IMHO the events of today and friday in no way justify "bailing" out of ICVI to find a better opportunity. My average cost is $0.88 and I am long 55,000 shares and I wouldn't even entertain the thought to sell at these levels to try and find a better opportunity to double or triple my return in the next few weeks. Sure, I would have liked to have sold at $1.50 and bought back at these levels, but I didn't and if the stock would be at $1.50 tomorrow I still wouldn't sell! Call me stupid, but based on my own DD and the pending news releases that ICVI seems to be preparing for, I will not sell 1 share until I see that double or triple. Think about it - would you have sold today if we had been at $1.28? Probably not, because you know this stock is still undervalued at $1.28! Stay calm, ride out out the inevitable ups and downs, set a target exit price and then go on to the next investment. The MM did what everyone one would have done, keep dropping the bid, if people want to keep selling, SOONER OR LATER ICVI WILL BE at $4, $5 or $6 and then you will see a 300% or 400% return in less time than any investment in DELL, MSFT or INTC could offer you. JMHO Rico P.S. I feel the same way about INFE! Those emotions are natural

To: LegalBeast who wrote (9897)	6/8/1998 9:47:00 PM
From: jhild	Read Replies (1) \| Respond to of 11850

The company that is doing the buying goes DOWN and the company that is being bought GOES UP. Really is that the way it works? I thought that when an acquisition increases shareholder value then it was reflected in the stock. I seem to remember the word accretive being used in those situations where the acquiring company receives immediate benefit in earnings from the acquired company. Certainly when the acquiring company overpays for an asset and say dilutes shareholder value then you can expect that the stock will go down. But that is an interesting attempt at explaining the current price action.