Here's one of my favorites currently selling for $2.50. I'll quote the latest (09-98) review by The Tennessee Investor (615) 254-0992:
"The company reported an expected loss of 2 cents vs 5 cents gain last year in the June 4Q. Full year earnings were reported at 10 cents vs 14 cents. In analyzing stocks such as oil and gas and media companies earnings are not what the professional investor looks for. Revenues, cash flow and EBITDA (earnings before interest, taxes, depreciation and amortization) are the most important figures in analyzing these types of companies. For the 3Q, revenues increased 50% and EBITDA increased 57%. Because of the large amount of amortization and depreciation, it will be the third of fourth quarter before the company turns profitable. The net worth of the company's assets has been appraised at more than $6.00 a share. Shop at Home is on the cutting edge of where retailing is headed - electronic retailing. The company's recent purchases of TV stations in Raleigh, Cleveland and San Francisco will operationally be up to speed for 24 hour distribution by year-end. SATH is an excellent take over target. Last week the compnay announced a buy back program. Buy" |
