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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?


To: PROBABILITE who wrote (648)5/26/1999 2:54:00 PM
From: PROBABILITE  Respond to of 776
 
Reflexion after the deal.

On April 8 1999 there was over 8.3 million shares traded within half a day of trading. The "internet drug" was in (it is the only reason for me).

Now, if I have well understood, the market don't like the number of shares about 300 million.

When the market will have digested this information (that was known by me and others before the deal), I think that SBX's price will go up.

The market will digest it because the number of shares is not the most important thing. The most important thing is the market capitalization. Furthermore the new shares will probably be under escrow.

With over $60 million of sales plus "internet drug", SBX's price should be able to have a market capitalization minimum of 2.5 at 5 time sales or 0.50 at 1.00 per share. This is a minimum.

There will be other moments with "internet drug" because there will be other N/R in the future. We are at the beginning of the story.

Is there other peoples who think like me?

PROBABILITE