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Microcap & Penny Stocks : Transnet-TRNT

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To: Glen A. Fagin who wrote (35)7/22/1996 2:25:00 PM
From: Khris Vogel   of 140
 
I think that TRNT has a very good chance to continue it's growing ways. And I think that it's the time to buy while it's at the low end of the valuation curve.
I read or heard something recently about PE and traditional valuation tools not being meaninful on these micro-cap stocks. I don't buy that. Investors have to have a way of valuing potential investments and I haven't seen anything that makes some of the widely used methods invalid on these small stocks.
Based on fundamentals and mgmt., I'd definitely say TRNT is a buy here.
Khris
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