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

To: flyintigress who wrote (2393)	3/17/1999 4:58:00 AM
From: BlueCheap	Read Replies (1) \| Respond to of 3501

TO ALL: MSN was at .69 cents when I created this thread. I had confidence in Bill Mathews, publisher of the CHEAP Investor. He never once wavered in his belief that MSN was a very good investment then. As the price dropped to 3/8, it was recommended several times. Apparently 3/8 was a much BETTER BUY, as nothing had changed but the price of MSN's stock. I Personally believed that MSN was on a bottom at .38 to .43 cents. WHY? #1. When GYM is priced at $10, MSN's investment in GYM is clearly valued at .50 cents per share based on MSN's outstanding share number divided by their ownership of 3 million shares of GYM. #2. Jurick was/is doing a GREAT job turning MSN around and making the company profitable. This usually, eventually, commands a share price worthy of those accomplishments. #3. The above brings on VISIBILITY, by potential BUYERS. Those who see the company as a possible investment for ownership of the company itself and/or investors in the common stock. #4. Emerson is an OLD, ESTABLISHED NAME. This must command some value in itself. #5. The very real Possibility of Foreign companies wanting to BUY this old established american company in order to gain a foothold into the BEST & STRONGEST ECONOMY in our world, our USA. #6. The quite unusual court situation, which others are much more adapt to explaining than I. All I know is Jurick really needs to get the stock price up to no less than $1.50 per share just to break even on the 30 million controlling shares where I understand he owes creditors $45 million. A pure TRIPLE for many investors :^) I must logically assume that Jurick will not want to spend 3 to 4 years "just to break even." I am assuming Jurick would very much like to see MSN's stock price back at least to the $3 where it was when he made that debt. However it would not be out of reason to also assume that Jurick will want to make MORE than the value his 30 million shares were worth when made that debt, which was $3 . If I continue to ASSUME, it turns into pure SPECULATION and with that I will speculate that the $5 or more stock price is within reach :^) I know many would laugh at that, especially since MSN's stock price has just started to finally show possibility. However, I would point out a well known fact that investors should never underestimate, the buying power of MOMENTUM BUYING, which can RUN any stock FAR beyond the true value. I'm not a techno analysts or any other kind of analysts for that matter. However, I have talked to a few who really watch the charts and they have told me this. That the LOWER a stock drops, then sets a BASE and the LONGER that stock stays BASED at that certain level, once there is a true BREAKOUT. Then the HIGHER that stock will RUN and that it will SUSTAIN that RUN much longer.. Now,. if that is even half correct, does that sound like any stock YOU know? Like maybe MSN or FONR. It will remains to be seen, but in the case of MSN, the appearance of such a move is in formation. I know we MSN investors hope that we are finally about to see ourselves rewarded for the patience we applied to MSN.. While I am assuming, I would have to assume that it will be hard to break the $1 level. That will be a pure double for many and no one can blame an investor for taking a double. I personally think that investors who can weather the charges at the $1 level and the fall backs which are likely to occur. These investors are likely to see much more than a double. I personally think this small 50% gain ;^) has only broken the ice and we will see things really heat up a little later. Regards, Malcolm