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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid -- Ignore unavailable to you. Want to Upgrade?


To: Taki who wrote (402)2/14/1999 10:30:00 AM
From: Daniel Miller  Read Replies (1) | Respond to of 9115
 
Ay my first glance of EDII here is what I see....

Negatives

1) 2 Directors sold 100,000 shares in the past 2 weeks.
2) Float of 66 million
3) Negative earnings
4) In debt.
5) I do not see any way for this stock to become a Nasdaq stock without doing a reverse split. They do not have the money that it takes to buy back stock. It would cost over $13 Mil. at .2 to buy back 66 million ahsres that are in the float. It doesn't look like they are doing that. They are diluting shares...

Positives

1) N/A

This is not ment to bash the stock. This is just my first glance at it. I don't even know what they do.