Replies to post #4834 on NewMarket Technology (fka NWMT)

[eastunder]

lasvegascowboy,

Welcome to the board.

"Should have sold and bought back in but that is not my investment style".

Nor is it mine. So you don't stand alone.

"When I like a company I buy and hold"

Ditto...although I do tend to look for an intial entry at what "looks" to be a low. I never buy all my shares at once because no one really knows which direction a stock will go.I Buy in sets, average down along the way. The old "catch a falling knife" theory... but in a controlled manner geared around waiting for that intial buy point. It's that first buy that tends to set the course for me.

"Everytime I've tried to time a stock... I've shot myself in the foot."

LOL! Ditto again. Haven't we all at some point? Averaging down can have the same effect but for me it tends to work more often then not. Therefor, sometimes I feel I have missed the foot and just shot a toe.

Good luck! I hope it works out for you.
Jen

[ADewji]

Thanks Vegas, and all other long time friends on this board.

Please remmeber that I hold a very good position as well but am not trying to pump this stock.

I just find it unreal that GTE, RAE, XSNX, MOBL have all had their valuation at a fair market price.

GTE and RAE where both OTCBB players then moved to AMEX under standard 3 I believe. Very similar revenue growth if you look at the company financials to NMKT (they both ran to 400M+ market caps with same numbers as NMKT).

I think we have the OTCBB's attention now and are looking to go only higher with acquisitions, dividends and contract announcements forthcoming. On top of that we have finally made clear the issue of fully diluted and outstanding shares and NMKT management has given the signal that the next report out in a couple of weeks will demonstrate a reduction.

Now its also important to note that when they mean reduction, it could also mean that the actual O/S will look slightly higher. This is OK, and I understand what that means. My only concern was that the 40M from Vergetech would be converted as well which they have said in the recent CC that they will move into subsidiary stock as tradeoff. Therefore if I am correct in this statement, we should have a total outstanding of no more than 142M if all convertables convert.

This is based from the 10k that highlights how many preferred convertables where outstanding as at Dec 31/05. Also once this happens and all preferred shares cease to exist, we can estimate the market cap for this company better and so can the market makers finally.

I believe this company is worth trading in the range of 220-250M market cap in the short term. Phil has already mentioned that in 3 years they plan to be a 500M company annually. Therefore if we look to price this stock for future value, we could very well see a run to 500M market cap this year I believe. Assuming a 142M out, this would be a price of about $3.50. (it could happen)

But again I would be more than happy to trade in the range discussed as 220-250 which correlates to a price of $1.57-1.76 this year. (this should be the trading range of current pps I belive after the next report)

But a run could easily see the share price go to $2.25-2.75 this year. I believe thats when Phil wants to get on AMEX that they need to hold that price for a couple of weeks just like XSNX did on the OTCBB just lately.

In thoughts?