Undervalued Stocks = Low P/E to Growth Ratios Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stockvalinvestor who wrote (239)	10/7/1997 12:32:00 PM
From: Walter Fabisiak	of 297

Ken: General Credit (LOAN, LOANW) went public in May and the IPO tanked. However, the company reported pro forma earnings of $0.11 per share for the six months ending 6/30/97. With a market capitalization of about $7.4 million, this stock looks ridiculously cheap. The company is in the unglamourus business of check factoring and purchasing credit card receivables. I expect them to be profitable in the quarter that just ended and to show good revenue growth over the second quarter. The stock looks like it may have turned around last Friday. Walt

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next