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Microcap & Penny Stocks : KAZZ INDUSTRIES-A UNIQUE SNOWBOARD CO. AND SO MUCH MORE...
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To: David Michaud who wrote (230)7/26/1999 10:54:00 AM
From: john  Read Replies (1) of 686
 
Nice move today,

as I said over here .43 cents and a PE 10 leaves room for this one to move,

For the current fiscal year, KAZ projects total sales of about US$2.4 million and
net earnings (before taxes) of about US$200,000. With the planned North
American roll-out of its full line of snowboards this coming winter and a
full-press marketing / sales campaign, the company's pro forma financials
project a big increase in sales (US$10.05 million) in FY 2000, and significant
pre-tax income (est'd @ US$3.49 million or US$0.43 / share).

.43 cents US earnings, well 10x, PE is 4.30 US dollar share price Canadian $6.45,
seems to be good potential for significant gains for shareholders.
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