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Microcap & Penny Stocks : ccam

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To: Alfred W. Post who wrote (39)12/8/2001 11:41:58 AM
From: Crossy  Read Replies (2) of 85
 
Fred,
$1.50 is PEANUTS. If I were you I would hold it AT LEAST until next quarterly updates. REason ? LAst year, the last quarter procuced an 18cents loss albeit with a special charge. Even if CCAM now will post just breakeven for Q4 (what I seriously doubt) the Q4 "loss" (spec. charge induced) will no longer be included in any TTM (trailing 12 months) PE calculation. PE would show 4-5 on almost all screening programs (you will need some time - eg. weeks) for marketguide (multex) and all the other stat engines to reflect the brand new Q4 though.. (Right now CCAM shows PE of 18 - but that is "stale" - it is way lower - as I implied, around 5)

rgrds
CROSSY
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