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Replies to #10793 on One Step Ahead
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Bo14172

09/03/04 10:37 AM

#10794 RE: sandgoat #10793

sand, I agree about eagerly wanting to
know more from the meeting and testing results.

More important, I do agree with the first part of your first sentence and that serves to prove my point. I myself haven't and have never stated that I would put faith in a recently risen shell, again which only adds to my arguement. SMMG which you refer to as the shell has only 5% of the claims of CMKX, a higher A/S, 200 billion issued as restricted shares, and an O/S greater than that. Obviously over the last 2 days someone is liking SGGM based on their linkage with CMKX.

My point is if the market sees value in SMMG with only a 5% stake in CMKX, then what should CMKX itself be?
I contend the market has either way under valued CMKX's pps, or I underestimated the number of NSS on the market which has kept the price down.

Bo