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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: OldAIMGuy who wrote (5067)	7/14/1998 4:35:00 PM
From: Bruce A. Bowman	Respond to of 18928

Actually, Tom, I had a sell, a vealie, a 2nd sell and a 2nd vealie. It was a busy day for EGRP yesterday. The PC is about right now on the basis of my presumed upward move, If I'm wrong about that, I'll be doing some buying very soon! :-) I see it gave up 4 of yesterday's 10-1/2 pt. move, which is not surprising. It'll take a few days for this to settle out. The news-driven move is based on SoftBank of Japan taking a 27.2% interest in EGRP for $400M plus a buy rec from an analyst at BA/Robertson-Stevens. 27.2% of the outstanding shares is about 10.7M shares or about 37-3/8 per share. If they didn't overpay, that should be a future valuation probably based upon growth of customer base. They're teamed with SoftBank to trade the Japan markets via the net. The potential for growth in customer base is significant, but pure speculation at this point. Going to take awhile... this isn't an overnight success story. They seem to be doing a lot of things that will potentially grow the company. Bruce