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To: Tom Dickson who wrote (1420)	11/10/1998 10:35:00 PM
From: Coz	Read Replies (1) \| Respond to of 4624

Yup, we trade. The bond market doesn't. If today wasn't pump and dump, than I don't know what is, but who was touting this thing? I haven't found a thing out there on the net to tell me. I don't think this was MM games. It would be nice to know where all the buying and selling came from today. --Coz

To: Tom Dickson who wrote (1420)	11/11/1998 1:31:00 PM
From: HG	Read Replies (2) \| Respond to of 4624

Tom, Interesting post by Lance and I certainly would not want to put words in his mouth to explain his reasoning. Having said that, I believe he was using the .15 per share settlement and appylying (to your point) a conservative multiplier of 3x to come up with a .45 cent per share valuation which would convert to a PE of 3 or he has figured the current projected income to equal .45 per share with a PE of one at .45. Either way I agree with you that if the projected income is anywhere close, we have a very undervalued stock here. The key unknown here is the number of outstanding shares. Is it still 40 million or is it now 50 or 60? I just don't know. It would be nice if someone has a contact with the company could find out just how many shares are currently out there. I also don't know how logical it is to use any projected lawsuit settlement in figuring share value. This would be non-recuuring income and for all practical purposes would need to be deducted from share value not added to it when valuating this issue. but I understand the point Lance was making.(I think. He can correct me if I'm off base.) This has certainly been an interesting 2 days. My congrats to those who bought at .02. I sure played this one badly during this runup. I'm with you though, I wish I knew what role the company played in this, if any. Finally, I don't think we are done with this one, but it certainly isn't for the faint of heart. I am also currently long and I share your sentiments. Regards, HG