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Microcap & Penny Stocks : MCNS

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To: rideau who wrote (947)8/11/1999 10:24:00 PM
From: Robert  Read Replies (1) of 1116
 
I don't see why it is suddenly going to go up. As far as I can tell, in spite of the friendly PR, they haven't announced any new buisness opportunities. The only thing we are hearing is that there is going to be a marketing campaign in the Fall. BIG HAIRY DEAL...How about some evidence of significant revenue growth. How about some news that means something. You may think this stock is near a bottom, but I see no sign of it. It can very easily fall a lot further. As far as reiterating their $50 target, what evidence does the analyst give for having such lofty predictions. Sounds like a lot of BS from a 10th rate investment firm. The fact is there is no accepted method by which you could realistically value MCNS or KOOP...JMO.
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