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Microcap & Penny Stocks : Eutro ( EUTO )

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To: Douglas Craig who wrote (4967)3/30/1998 11:40:00 PM
From: James Bender  Read Replies (2) of 12043
 
Doug's post

James - I would disagree that IBM having more stock proves a point. The only way we
can judge and evaluate any stocks relative to each other is to look at the basic financial
ratios. IBM may have 1 billion shares, but they also make $6.01/share and have a pe of
17. We have to look at Eutro's profits in relation to the shares in order to get some idea
of the fair value.
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These facts are what I am referring to also...It is all in perception of the company not neccessarily the amount of shares...What I mean is when people come to the realization that the company has potential the price will rise regardless of the amount of shares. The investors have to get comfortable with the company and be willing to hold for the long term and not the quick buck...When the company can get the average holder of their stock to be afraid of selling because they are afraid that they may miss a greater gain by holding instead of selling...then we are going to rise..

Everyone finds blame with the MM's dirty trading behind the scenes, but in reality it is just plain ole Joe's and Janes that are bringing this stock down..........Jim
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