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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Kimberly Lee who wrote ()2/24/2000 4:29:00 PM
From: yossarian67  Read Replies (1) of 108040
 
Wes - SMRA - I think I agree/disagree with you at the same time - Yeah SMRA is in a much lower margin sector of the telecommunications/wireless industry, but the fact is that it's currently trading at 11 X's earnings and 3 X's revenues and has excellent partnerships in the sector.

I don't pretend to understand everything in the release, but if it truly is something new(ie a breakthrough) than it could very well explode upwards.

I've stayed away from SMRA previously exactly due to the reasons you stated, but at the least this news should be good for a few points and at best, quite a bit more - I'd definitely like to hear your thoughts on the release when you get a chance to look into it.

Happy trading my friend.
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