Wall $t Banker$$

[Major_Bankz]

AMRE , Posted by: Trops
In reply to: None Date:5/23/2005 9:36:16 PM
Post #of 42

Dragon what do you think?Todays closing calculations based on closing prices of nauc and rbsy along with my own opinions.I will sum it up as not to bore everyone.Nauc closed at 4.00 rbsy closed at 1.16.The value of our holdings in both is 129 million our shares out are 44 million.This equates to 2.93 shareholder value in amre.The markets will never take us to 100% value of shares being held due to market fluctuations.With that being said I will give the powers of the market a 50% decrease in the value of both nauc/rbsy(ridiculous but am low balling the figures).So even if nauc and rbsy were at 2.00 and .58 respectively amre should still trade at the 1.46 level based on the calculations above.In my opinion and this is without fundamental growth prospects their is no reason for amre to not be trading between 1.00-1.50 just to catch from being undervalued.Technicals have nothing to do with this as undervalued stocks that get noticed will rise to fair value then form a new technical base.No one can predict the markets but these are the numbers both currently and low balled.We shall see later