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Because of limitations in finding good fundamental,early stage internet
companies,efforts are now being directed to search for same parameters in:
1.Tecnnology oriented companies.
2.Medical oriented companies.
3.Continuation of internet companies.
4.Pure speculations.
I will continue to look into whatever you post to me publicly or privately
and report back.
My current positions for the record are listed and bought after posting and
review:
A.MAWI-posted-Intenet
B.USON-posted-Medical
C.MNIA-Pure spec and not posted.A public shell known as Millenia
Corp.expected to reverse merge into an internet company.Price around $.25.I
need to find out more but I took a tiny position just based on risk
--reward.
D.IMRS=IMRglobal Corp.Software and informational technology company.
9 months rev. rose 48% to $177,000,000 and net up 51% to $17,400,000.
EPS=$.78
PE= about 17
Current price about 13,high $32,low $7.
Cash=$75,000,000
Price to book=1.84
SO=38,000,000 with 14,000,000 float.
Sincerely,
John
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