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Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?


To: Craig S. Owens who wrote (2279)2/4/1999 9:08:00 AM
From: Tony Rome  Read Replies (2) | Respond to of 3501
 
GOOD MORNING CRAIG,--and I must say that

Bill Matthews is one of the nicest guys in the business.
He will speak to you on a first name basis,so there is no need
to say Mr. Matthews or Mr.whoever he is speaking with.
I believe he has chosen to exercise a little more caution when it
comes to Emerson,because it was one of his prime picks
back in the late eighties and early nineties before it went
bust. When he says buy at a lower price,he is probably taking
into consideration {as I am} that the book value of this company
is only 16 cents, the fact that there are over 48 million shares
outstanding,the true outcome of their alliances,and of course,
how the current court case will turn out.They may have lost
Daewoo,since Samsung was supposed to trade their automotive
division for Daewoos electronic division.I don't know where that is
currently,but it is also something to think about.
Other than a possible buy out, or the success of the upcoming
web site there is nothing at the moment that should attract analysts
to cover the company.
These are some of the reasons why I wont buy any more at this time.
I have all I want for now and if I buy more,it will be when the stock
begins to move north.
All in all,I do believe that something will be released to make
this stock move forward.The game plan seems to be working, and
I guess it is just a matter of time.
Remember== Patience is a virtue,and Good Luck.
==========TONY==========