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Microcap & Penny Stocks : IA CORP (IACP)
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To: Tom Hofmann who wrote (1)6/24/1997 8:00:00 PM
From: relentless   of 61
 
The finacials on this company looks great. I just don't know why nobody has picked up on it. And it's dirt cheap compare to what the company is worth. It hasn't been trading for that long, onl
nov. 1996. So it's been less than a year. So, you probably have to wait awhile before everyone else picks up on it. I mean the
cash and book value per share alone is worth 2.35 on my estimates.
the stock is only 3 1/8 last I saw, that means, you are paying less
than 1 dollar for the company. I mean, at most you are only going to loose less than a buck per share. But the company looks great. It has so much cash from 1995 1996. 1000% increase. Have you checked out the company's product, that's what I'm going to do, I'll ask the banks if they like the products. The return on equity has also increased which tells you that the management is improving.
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