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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?
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To: Kent Kuo who wrote (160)3/26/1997 9:16:00 PM
From: Jim Fisher   of 341
 
As I wrote these folks off, I highly doubt whether any profit will be seen. sold into distribution at $19, maximum. If they sell 20,000 they get $380K, not enough to cover devopement costs let alone less the 7-9% they pd. in royalties. Sorry, don't think a another ho-hum product in the ed channel is gonna help, especially shipping now...should have had it at Christmas. (Although it gets lost there).
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