CASH COW

[DAVE_007]

Firefight..I borrowed your post on the DD of XYNY..
hope you don't mind..
and sent it to Bob my webmaster over a t Allstocks..
cut/past of e-mail..

December 3, 2003...

Good Morning!..

Off from work today thru Friday..hope to do some serious trading!

Got a few e-mails saying I don't 'elaborate' enough sometimes as to picks..
Well, one thing sometimes, I don't have time..but let's just say I've done my homework.
And most of them will have a good chart (IMO) going for them..
NOW..whether or not it keeps it up remains to be seen..nothing's 100%..but you know that..or should.

I own XYNY..
XYNY, the reasons to buy......
-XYNY is reverse merging with a company called Intervest(symbol IGRP on the pinks) that has holdings in 4 Chinese companies including telecommunications companies.
-XYNY is a low floater with 32 million shares O/S and the CEO controls ~18 million of those shares.

1)The following financials can be found in XYNY's latest 10Q and I have posted the link below. Compare these numbers with other companies that have similar share structures and you will find that those companies are trading in approximately the $1-5 dollar ranges (example, RAE trades around $3 dollars)
These numbers were audited by an international accounting firm.......

2003 financials are for the period up to June 2003. Remember these numbers are for only half the year so if they continue on this pace you could double these numbers for year-end projections. Look at the 2002 financials to see what the potential is....These numbers are for IGRP who is merging with XYNY......

2003(half year till June 2003)
Income from joint ventures- $10,947,973
Net Income- $7,056,844
Earnings pre share- .118(Intervest has 59 mil shares O/S)
Total Assets- $61 MILLION DOLLARS!(according to the 10Q the company is expecting a 5% increase for the quarter ending Sept. 2003)
Liabilities- ~$38 million
Shareholders Equity- $22 million

2002 (full year)financials
Income from Joint Ventures- $18,882,429
Net Income- $15,242,190
Earnings per share- .372
Total Assets- $58 million
Liabilities- $36 million
Shareholder's equity- $21 MILLION

2)You will own stock in two companies after the merger happens. XYNY is going to spin off it's subsidiaries.

3)The company has spoken with many investors and said that they will not reverse the shares of XYNY shareholders and there will not be any major dilution.

4)possible news on the merger SOON.

5)the charts are pointing towards a major breakout to the upside!

latest 10Q for XYNY.......
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001157523%2D03%2D006667%2Etxt&FilePath....


Okay..I own TFCT also..I basically figure it's a bargain at a nickel, they have a bunch of 'irons in the fire' and expecting 2004 to be super..
http://biz.yahoo.com/bw/031105/55696_1.html

Others I'll be watching today, but not limited too:
NWD
NGEN
DYTK
RDVN (try to catch on a dip)
LTRX
CMXX

Have a good day!

Dave