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Non-Tech : Secret Squirrels hit! -- Ignore unavailable to you. Want to Upgrade?


To: Wayne Rumball who wrote (165)7/13/1998 12:18:00 PM
From: Trumptown  Respond to of 12872
 
Wayne! You're good...great to have you on our side!

LO07

1. Even if 'goodwill' is worth 1/2 that, the number still looks good.

2. Looks like the acquisition back in 11/97 included warrants exerciseable at $3.375 (that'll be a ceiling for awhile)

3. the IPO was May 97...they look decent a year later.. .03 loss isn't bad

4. In July they got ~$4m credit line...

Looks like 'shooting fish in a barrel' to me. The only risk to their numbers is inflation...last few years that has not been an issue....

SR