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Re: None

Thursday, 02/14/2002 6:58:12 PM

Thursday, February 14, 2002 6:58:12 PM

Post# of 563
I agree with your assesment that P/E's have no bearing to actual share price concerning the OTCBB (that wasn't my point at all). Like I said, the OTC is the MM's world and they rule the roost here. You must not have read all my posts....lol.

I believe the P/E and value of the stock "on the books" after the acquisition will lend "credibility" to this thing. It will show they are more than a shell and have a "profitable" acquisition already in the fold. This alone will help to bring in investors, especially these "fence sitters". Delta shows us they now have something of value and it is easier to convince people they can do the things they say. This is paramount if the promotion is going to be succesful. We need something that convinces people from the promotion that this is a worthwhile investment. And this is why I LIKE what the Security deal brings to the table for us. It adds significan "value" to this shell right out the gate.

And your assesment about bid support is right on the money. They have got to have someone to support this thing to keep the MM's honest, which is a tough job in itself. Otherwise we will just see huge runs and huge drops as the Mm's cover leaving tons of new investors in the dust with outrageous entry points (like my .055 last year, which is $5.50 today...lol) I believe they have this in place.

But I still think time is a KEY factor here. They have screwed the pooch enough and for this to really be as succesful as it can, they need to get moving on it soon.


IMHO BWTFDIK!

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