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Microcap & Penny Stocks : POKR - Casino Air - Real Gamble? -- Ignore unavailable to you. Want to Upgrade?

To: blash who wrote (413)8/10/1998 2:13:00 AM
From: Larry Brubaker  Respond to of 609
 
<<The fundamentals support a much higher value.>>

Could you explain why the fundamentals support a much higher value? POKR reported a .01 per share quarterly profit on lower revenues. I can't find anything about AVIA's fundamentals except they hold an equity investment in KIWI Airlines.

So what is it about the fundamentals that supports a much higher value?



To: blash who wrote (413)8/10/1998 9:11:00 AM
From: eric deaver  Read Replies (1) | Respond to of 609
 
Actually, given that the price of POKR has been set at $0.62 fundamentals are a moot point. The value of the company will be $0.62 less some discount attributed to the risk of what will happen to AVIA shares after the merger and before a holder can sell the AVIA, IMO. It seems pretty obvious to me that no one pay more than $0.62 prior to the merger. Now after the merger...

Eric


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