Teletek: Big Earnings About To Be Posted Message Board

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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: Carl Smith who wrote (4)	1/16/1996 10:59:00 AM
From: David Bleich	of 1014

Carl: There is not that much downside; although I suppose if the stock drops to $1.00 that is a 100% loss. The company certainly will not go out of business, they have been around for ~10-15 years when they we in the payphone business. The upside may be ~300-500%. I like those odds. I realize that I have not responded to your comments, but watch what happens this week. All the sellers who bought in at $.50-$1.00/share on TELETEK have made 100-400% return on their money. Not bad. I'd be a seller too. Maybe. The numbers tell us a different story, however. Earnings for fiscal 1996 should be about $.28/share conservatively. Therefore, with a P/E of 30, the stock value should be ~$8-$9/share regardless what people like or do not like. Remember, markets are efficient. The numbers will dictate the stock value eventually.

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