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Microcap & Penny Stocks : MegaWorld Inc. (MEGW) -- Ignore unavailable to you. Want to Upgrade?

To: Emec who wrote (806)	10/22/1998 12:07:00 AM
From: jake burns	Read Replies (1) \| Respond to of 1058

Of course we were saying the same thing when the stock was 6 dollars;-) But now the company seems to be focused on three very profitable businesses: a) TBS; b) telephony; and c) real estate. They no longer will produce NYC magazine which never was going to be a profit center for the company. TBS is growing leaps and bounds. And Telephony and the Castle have very high profit margins. I now understand the time frame for getting onto nasdaq is in the spring of '99. TBS should close within 2 weeks. A great investment at 4-6 dollars, this is a steal at 1.50. I'm hearing the company will earn 50 cents a share after taxes in 1999. Provided that materializes, what do you think the company is worth?