from an email JPEI:
JPEI
30400 Telegraph Road, Suite 401
Bingham Farms, MI 48025
Phone: (248) 723-5531 Fax: (248) 723-5536
Employees as of 12/99: 1,000
Price .40 x .46
How about a company that For the three months ended 3/00, net sales totalled $37.7 million, up from $14.3 million. Net income from continuing operations, before extraordinary items fell 88% to $339 thousand, and it is trading at .40??????????? This is truly an UndiscoverdGem. Thats right 33.7 million in sales for 3 months!!!! This is just the type of company that should make us all salivate. Check out the info below, and read the profile for more DD. There is no way this should be .40 and pretty soon it wont! They also own 95% of this company asc - Partners for Technology and Growth
Profile
JPE, Inc., through its operating subsidiaries, manufactures and distributes automotive and truck components to original equipment manufacturers and to the aftermarket. Its operating subsidiaries in existence as of January 1, 1999 included Starboard Industries, Inc., a manufacturer of decorative exterior trim, Plastic Trim, Inc., a manufacturer of extruded and injection-molded plastic exterior trim products, and Dayton Products, Inc., a manufacturer and distributor of springs and spring-related products, as well as steering, brake, suspension and wheel-end replacement parts for trucks and trailers. Two other former subsidiaries, JPE Canada Inc. and Industrial & Automotive Fasteners, Inc., were sold throughout the first quarter of 1999. |
