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oldblue

06/26/01 7:51 AM

#343 RE: vegasrob #342

Hypothetically speaking, UMMMMMMmmmm, Maybe yes and maybe no, But who knows for sure until the cows come home and the rooster crows. (:>})))))))) (am i that predictable?)
OB

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Bird of Prey

06/26/01 8:46 AM

#344 RE: vegasrob #342

Vegas,

If the OS slows... Well a whole bunch of things have to happen to slow the OS growth. It won't stop anytime soon. If one is considering speculating in this stock, one should keep a very close watch on the OS.

IF...would you be a buyer at current price? When I was young my mama often reminded me that IF a frog had wings he wouldn't bump his butt on the ground either! To answer your question though, NO I wouldn't be a buyer at this price. If all of those mentioned in the PR come true it likely won't be at this price anymore, if it is then the OS will have increased significantly!

For your last question what would it take?

Well, since I see nothing in place that will likely slow the dilution for the foreseeable future, this is a difficult question to answer. I do believe it is possible to make some money here by trading in this stock one need only to figure out where support and resistance are to locate your entry and exit points. I would only buy for trading purposes, not as a part of my portfolio.



David Weed
aka the Bird of Prey
www.warp-drive.com
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Long

06/26/01 3:18 PM

#345 RE: vegasrob #342

Hypothetically, I agree with BOP, and common sense, that if dilution slows and it is selling in the three chains in north and south CA plus TX, there would be a lot of revenue and other fundamentals turning around.
I would be temped to buy at 1/8 according to your scenario in next 1 1/2 months, as it may "bunp" off the low with successive PRs, but most likely I would not until the next filing and the dilution is completely stopped, as they employ several financing methods that may slow dilution temporarily for a month.
If this co. pushed what I consider the limits of a small business - $5 million annually, the dilution due to admin. and overhead expenses would stop. That is what is necessary for me to beleive they would start to pay off their debt, have some operating capital, and wouldn't it be nice for them to buy back the millions of shares they sold in lieu of accumulating debt over the past 3 years.