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Strategies & Market Trends : UVEW .......Joe's Corner /The last of the long termers

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To: hobojoe who wrote (50)5/12/1999 12:22:00 PM
From: SunSunM  Read Replies (1) of 58
 
Hi hobojoe, according to Yahoo, for six months ended 12/31/98, sales totalled $6.7 million, up from $131 thousand (51 times increase). Net loss fell 52% to $2 million. The price/sales (ttm) is only 1.52 (as of yesterday, compared to PSINet of 8.33 or RTHM of 525). They are in the news with PSINet and offering ADSL. Does anyone knows why this stock is so cheap, relative to other internet stocks.

Regards,

KC.
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