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Re: texastex post# 7406

Friday, 03/04/2005 10:53:54 AM

Friday, March 04, 2005 10:53:54 AM

Post# of 19549
Texastex,

Since about Thanksgiving, the o/s share count has increased by almost 5,000,000 shares. If the press releases then were accurate there was $7 Million profit on 2 Million shares. At over $3+ earning a share on a consistently fast growing company then $45/share would be an expected target price conservatively.

Using 4.8 Million share increase on discount $45 to just $20 for purchasing power, the company spent in shares somewhere KCA? (20 * 4.8 = 96 million equivalent dollars)

What was worth $96 million dollars to us?

Think about it. This is not bashing. Looks to me like facts.

Maybe this is a winner, but this information is nothing to be happy about.

sam