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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?

To: wonk who wrote (1668)	6/17/1998 9:52:00 AM
From: DG Cruise	Read Replies (1) \| Respond to of 11684

Look, I do not mind your posting of info, since some is good discussion, but I get really sick of your sarcasm and wise cracks. Also, fill out your profile so we know where you are coming from, if you can not do that. Then post without the sarcasm.

To: wonk who wrote (1668)	6/17/1998 9:53:00 AM
From: Jgilbert	Respond to of 11684

That's an excellent post, Wireless. Worth thinking about. What do you want to bet that there will be a flurry of posts accusing you, among other things, of being a basher, Canadian, shorter, MM and a member of the Fly By Night board. Very interesting. Thanks for the info.

To: wonk who wrote (1668)	6/17/1998 9:56:00 AM
From: Matt. McCray	Read Replies (1) \| Respond to of 11684

Wireless, do you own stock in MTEI? Matt

To: wonk who wrote (1668)	6/17/1998 9:58:00 AM
From: Ronaldo	Read Replies (1) \| Respond to of 11684

Wonk: you take all this effort to say that their income, only from coal is = to 0.384$/share. Well then why don't you multiply this by an acceptable P/E ratio (say 5 instead of 8.6), then 0.384 * 5 = $1.92/Share!

To: wonk who wrote (1668)	6/17/1998 1:48:00 PM
From: LionHeart	Read Replies (2) \| Respond to of 11684

Mr. Wonk, I read all your post and have some questions for you. You state; "Divide the 25 million net income by the 65 million shares outstanding and what is the income per share? 38 cents!!! Hey, MTEI is trading above that, its overvalued!" This is based on the 2600 acres alone, correct? It is trading at .48, so let us say that it's overvalued by .10 Now what about the additional 8000 acres, or is this a "carefully worded" PR? Do you agree or disagree that that they acquired this land for mineral reserves, and if so what would be a fair estimate on the stock price? Would $1.05 - $1.30 be out of the question? Remember, this is based on coal alone. LionHeart