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Re: OMGA Hits New Lows



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Okay you made me go look the stock up and stop guessing. I'm a broker so I
can't make a public recommendation concerning this stock. But you were
right Jim. For those who would like to see a break down of this stock this
is a site I use all the time, works great for spot checking a stock and its
free.
http://www.vectorvest.com/stockreport/index.phtml?vvnumber=1011

Robert


At 01:35 AM 10/12/98 GMT, James F. Mazzulla wrote:
>On Sun, 11 Oct 1998, Robert wrote:
>>.....beware of the 28m asset claim.............Those assets are
>>its based mainly their share price not hard assets......
>
>I thought 10 was in =cash= (a fairly "hard" asset). With
>current liabilities of 2.3 and =zero= LT/ST debt that's not
>too bad especially considering this is a company which had
>revenues of circa $29M in 1997. How many public companies do
>you suppose have one-third of their annual gross revenue in
>cash??
>
>Best regards,
>Jim
>
>