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Microcap & Penny Stocks : FFP (AMEX) 2 X Cash Flow -- Ignore unavailable to you. Want to Upgrade?


To: Allen Furlan who wrote (6)6/6/1999 9:23:00 PM
From: Paul Andrews  Respond to of 12
 
FFM is now a corporation and does pay taxes on earnings, if any. FFP continues to be a Limited Partnership. I expect FFP to convert to an REIT during the next 12 months. I base this on the expected refinancing to be [IMO] concluded shortly. Since the beginning of this year assets have doubled, leading to increased FFP (funds from operations), expected [again, IMO], of $.55 for fiscal '99. FFP is one of the cheapest investment vehicles I follow. It's also the only non-OTC:BB I own.

FFM doesn't have anything I find exciting except the rent they pay FFP.

OTC:BB stocks I currently like are:

ORXR, EGXP, TCGN, QPDC, NWRK, GALM, SCRI, TRSN and POWR

Research'em and give me your opinions.

Don't worry I have more!

Reqards,

Paul