To: BigTex who wrote (1329 ) 1/29/1999 10:35:00 AM From: Jeff Read Replies (1) | Respond to of 19297
INTXZ........get in cheap for another run........... DAYTRADERS AND INVESTORS MUST READ THIS ABOUT INTERIORS by: break_the_bank This company is going through tremendous growth through acquisitions. Interiors Inc. has made over 7 acquisitions in the last 12 month period - including Petals Inc. (annual sales of $42 million) and Model Home Interiors, Inc. (annual sales of $11 million). The annualized consolidated revenues from the acquisitions are expected to be more than $110 million. The company reported a total revenue of only $13.4 million for the fiscal year ended June 30, 1998. We have yet to see the results of the acquisitions on the bottom line. The acquisitions may or may not work out. But just think how the stock market would react when the company announces that its sales increased by 800 percent - and this does not include the revenue from the Internet. The company has announced deals with YHOO and AMZN the last two weeks and XCIT and LCOS today. Soon, look for it to announce an agreement with AOL. Just image how much revenue they will be getting once their web site is up and running at the end of February. This MMs are holding down the stock price so they can accumulating as many shares as they can for a much bigger pay day in the near future. Hold on to your Interiors stocks. Don't get screwed by the MMs. Interiors Inc. has two classes of stock and two type of warrants being traded on the NASDAQ. The following gives a brief description of each: INTXA - Class A common, 19,841,336 shares outstanding INTXZ - Class A warrant, excercisable at $2.00. 845,150 warrants issued. Expires on 6/22/2000. It means it can be converted to one share of INTXA for $2.00. The fair market value should be the price of INTXA minus $2. INTXP - Series A Preferred, 679,438 shares outstanding. It is convertible into 3 shares of class A (INTXA) stock. The company is authorized the issuance of up to 5,300,000 shares of Preferred Stock. INTXL - Series A Preferred warrant, excercisable at $5.50. 2,270,000 warrants issued. Expires on 9/17/2000. It means it can be converted to 3 shares of INTXA for $5.50. The fair market value should be 3 times the price of INTXA minus $5.50. (i.e. $2 15/16 * 3 - $5.00 = $3.31) Interior Class B - Convertible to one share of class A with 2,105,000 shares outstanding