erg is profitable in 2004, page-187

investment view given 24/5erg From: Steve. ([email protected])
Subject: ERG I give a 10c 15c 20c view and a 40c view valuation. Sydney 18c San Francisco
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Newsgroups: aus.invest
Date: 2003-05-24 03:51:06 PST


If you want to debate put your credentials down onto the table--if you
cannot do that I am not debating you.
I give a 20c valuation as eminently sensible based on what we know
about the stock right now. Sydney on the 20/2/03 was worth a climb
from 12 to 12.5 to 18c.
I can only state I am accredited in the financial markets and I know
how to value stock---once you get to 20---you can worry about 40
later--I see 10 10.5 11 12 12.5 13 13.5 14 14.5 15 15.5 16 etc 20 as
first up in time.
Its what I believe that counts and I know what I am talking
about--read the preface above. What we are talking about with ERG at
this stage of it's development is the shorts department--simple as
that--this is the extreme--she's right for investment though--don't
you worry about that---or my name is not Stebbing--and I've lost it
and gone bonkers.
Regards,--Steve.