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Microcap & Penny Stocks : IVOC - Visual Telephone International -- Ignore unavailable to you. Want to Upgrade?

To: TJG who wrote (4008)	5/21/1999 9:39:00 PM
From: TJG	Respond to of 4815

ADP... (Automatic Data Processing)...Something to sink your teeth into... Number of employees 34,000....HELLO THAT"S THOUSAND... Gross yearly revenue volume.get this 4-babababillion 798-mamamillion wawawaonehundredthousand DOLLARS !!! Current price/share today's close $45.00.. Earnings estimates 98' #1.13 estimated 99'EOY $1.30.... OK.. Now what do we think the "contract" is worth.. Best , TJG P.S. other ADP info..http://cgi.pathfinder.com/cgi-bin/pfwebsql/money/zacks/earnings.hts?Symbol=AUD

To: TJG who wrote (4008)	5/21/1999 10:47:00 PM
From: Whirlybird	Read Replies (3) \| Respond to of 4815

TJG, what I meant is on the original shares of VTPI. The process as I understand it is; after today, we will be issued 1 share of IVOC for 1 share of VTPI and 1 share of CRI for every 4 shares of VTPI. So there is a point where the transfer agent has to account for all the shareholders to issue the new stock. So at that point, do the MM's have to actually account for all the shares they have sold and if they are short, do they have to go out and purchase them at the market? I am unfamiliar with this process. Any help would be appreciated. The bird.