Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?

To: James Mitchell who wrote (6545)	5/12/1999 5:44:00 PM
From: OLD JAKE JUSTUS	Read Replies (1) \| Respond to of 7609

Thanks! ARET could fool some folks, including myself!

To: James Mitchell who wrote (6545)	5/12/1999 6:29:00 PM
From: Oput	Respond to of 7609

Yes, James, $21 mil. is peanuts. Basically, it's the equivalent of one averaged-sized subdivision with average-priced homes. If ARET takes off, it will need a lot more than $21 mil., that's for sure, even if the loan requirements are 20% down (and I'm guessing the loan requirements for ARET will be less than that, thus meaning the dough gets lent out even faster.

To: James Mitchell who wrote (6545)	5/12/1999 7:51:00 PM
From: Mr. Jens Tingleff	Read Replies (1) \| Respond to of 7609

What is the potential market you are mentioning, shareholders or business? - If business market what are we talking about in figures ? Currently FAMC is able to process around 30MM$ in mortgages - leaving them with max 270K$ earnings. That does not bounce for 21$ market cap! ARET has a book value of somewhere between minus 3 and minus 4MM$, we will know more when 10K is out in short time. So I guess that there is more behind your statement? Please share it :-) Kr Jens