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Re: rsadey post# 14775

Sunday, 06/26/2005 11:47:06 AM

Sunday, June 26, 2005 11:47:06 AM

Post# of 173851
rsadey, I usually post about Nwau on the zipcodechangers. They guide for a profit but we have no audited stmts. I think several of us are in it since last fall. The merger shouldn't cause too much dilution. The old owners of the shell typically get a small percentage, otherwise nwau could have filed the form 10 and done it the old fashioned way.

Giving old owners too much for a shell corp would be stupid and Miller isn't stupid.

I expect minor dilution that shouldn't affect eps estimates. Last week's pop from 1.18 to close at 1.63 was very nice. Actual listing and publication of audited stmts should send it higher. They have upgraded gps division and are likely investing a lot more there but that is what makes the stock sexy. Few investors like the used auto sales(except me).

Holding. Bobwins


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