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pual

05/18/05 8:42 AM

#9793 RE: Mastman #9792

All we need to fundamentally justify current PPS (however it could also be a lot ... who knows) is that Veltex (whatever it is)can justify a capitalization of less than $10,000,000.

Roughly this means a profit per share of more or less $ 0.10 or $ 1,000,000 in 2005.

Considering the marketing effort of the last 18 months or so, this could be. However the results of this work can still only be assumed based on PR's issued by someone whose credibility is non existent as of now.

This is a speculation if there ever was one. The downward risk "seems" quite limited and the upward risk a lot less certain.
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SAMNOTSAMUEL

05/18/05 8:48 AM

#9794 RE: Mastman #9792

Just because it is legitimate to knock many companies doesn't make this risk anything less than the risk it is.

Best case honest scenario is nobody knows what this is worth. Worst case actually also is nobody knows in market value, except the historical trend longterm is down.

This is a risky stock, but the upside is potentially more than most blue chips but if this stock has moves up take some profits or reduce losses.

sam