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Microcap & Penny Stocks : TMMI - Total Multimedia -- Ignore unavailable to you. Want to Upgrade?


To: Arnie Doolittle who wrote (12634)2/23/1999 3:26:00 PM
From: Dennis P  Read Replies (2) | Respond to of 19109
 
I can't promise I'd be a regular quote customer (especially in this public forum), but you may email me your price list <g>.

As for the tax-loss/shell business . . .Hopefully the tax-loss will be only one of several reasons a company would look lovingly towards TMMI.

Further, why would a company with that kind of earnings look at a shell company in the first place unless they could get it at a bargain price? Maybe they'd only be willing to pay 25 cents on the dollar, in which case the stock is close to being fairly valued at today's levels.

What has the earnings of a company looking for a shell got to do with anything? My understanding of shells is that a PRIVATE company acquires a near-lifeless company with a ticker symbol to save both the time and money involved in getting their own symbol. If that PRIVATE company finds a shell that might have other assets as well (tax-loss value, for instance) so much the better for them (and us).

Am I missing something?