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Microcap & Penny Stocks : FBRR--FBR Capital---Shell Play w/ tremendous potential -- Ignore unavailable to you. Want to Upgrade?

To: Warlock who wrote (58)4/9/1998 1:12:00 PM
From: Nescom  Read Replies (1) | Respond to of 72
I love it when I see people interested in shell plays but don't even go to Yahoo and click on a simple profile to get fundamental info. This post isn't directed at you Patrick. I read on other threads about shell plays are scams. Shells are legitamite means for a company wishing to go public. Shells are simply realestate vehicles for private companys who wish to become public cost effectively. These shells have owners and what I call realestate agents/salesman. Just like any realestate investment look for selling value attributes i.e. 1) stock structure 2) Outstanding debt 3) Any negative news associated with the ticker. 4) Have there been many companys in and out recently from the ticker.

FBRR makes no bones about what they are doing, they are totally above table. Look at the SEC filings for management direction. It clearly states they are looking for a company to acquire or be acquired. Do your DD people before getting into this one. A lot of the impatient have exited from this shell and left the bid down in the dirt. Shell plays are not for those who can't afford to tie up money for a while. Check out TGSK it has a writeup from the CEO on a past news release discussing when they acquired their shell.

I do value plays folks. I look for undervalued companys or a shell ticker that might have a chance of having an occupant in the near term.

FBRR a great piece of realestate.

Nescom out-