SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Amazing Penny Stock ? Circuit World Corporation

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeff Coates who wrote (11)4/7/1997 11:10:00 PM
From: 00poladi   of 36
 
Hi Jeff,
I've owned a very tiny bit of CCW for less than a year now. The only reason why I bought it was because they had a low p/e ratio relative to the industry. Some analysts would argue that this may imply an opportunity to hold the stock, which is currently undervalued.
Though I don't really believe this theory, I did like the fact that CCW had hired management consultants to restructure their organization. Their earlier contracts with Motorola had probably built up some networks with big players, even though these larger companies did not have much faith in CCW. The Honeywell contract is probably a sign that CCW is getting their act in gear, and perhaps their network may serve them well in the future.
The long term prospects are definitely uncertain. Who knows, there might be another union strike, and CCW will have to shut its doors for good. But if the management consulting was the least bit effective, then we should expect to see some better days.
I look forward to reading their financials, as well as their occasional news releases.

Hey Jeff, I'd like to hear your take on the situation.
Thanks for reviving the thread,
shaun.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext