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Non-Tech : UNDERVALUED STOCKS

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To: Grommit who wrote (29)8/10/1997 12:39:00 AM
From: Teddy   of 580
 
Mr. Grommit, could you please enlighten me on HMAR:

Seems that you have done a good deal of research, i looked at your profile and it seems you know what you are doing (except MRVC, seems to me that it worth less than $10, but that has nothing to do with the stock in question).

Could you please explain, in terms that a 13 year could understand, why you believe that HMAR could earn anything near $2.67 in 1997. Looking at the past four quarters earnings seems pretty flat:
9/96: $.36, 12/96: .36, 3/97: .33, 6/97: $.37
Seems to me that the $.70 for the first six months on '97 is a far cry from the estimate of $1.80 for the year.


If you can show how that buying a few boats is going to result in more than doubling earnings in less than one year i will not only buy this stock, but order a few boats as well.

Sorry to clutter your thread with a post that does not support your view, but that is what happens when you hype a stock all over SI.
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