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

To: jmt who wrote (1021)	6/11/1998 9:45:00 AM
From: CJ	Respond to of 2849

jmt: I completely agree re: acquisitions and diluting of share value. Also, I, too, would very much like to see more about the fundamentals. From the data as we've seen it, some of the components {e.g. P & S, Intile}, are presently profitable, but I don't know what % each subsidiary represents to the whole. Although I remain very positive about the s/t growth and n.l/t outlook for EDII, another component about which I am unclear, is the undeveloped real property that is purportedly adjacent to a good prooducing [o/g] lease. I would appreciate it if someone on this Thread can either refer me to a post I missed, or to some other source for data about it ---- and specifically, the exact location and EDII's mineral ownership interest in the property. If that can be provided, I may be able to better contribute thoughts about its value [naturally, IMVHO]. As I indicated above, I concur with your concerns about the significant increase in # of shares -- and whether the diluting of value per share will be worth it in revenues derived from the acquired companies. I guess if we look at the WMT example, we needn't have a care in the world. = :) A good day to all ........