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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Lucretius who started this subject	4/9/2001 2:09:03 PM
From: David Howe	Read Replies (3) of 436258

The market is really throwing the baby out with the bathwater in some cases. Some very good up and coming companies in some important growth areas of the near future are being turned into penny stocks. Here's an example and in my opinion, this is getting ridiculous. Many of the big names are still overvalued, but some of the smaller stories are getting trashed unreasonably. siliconinvestor.com Selling for less than cash. Selling for about last years sales. Selling for about 50% of this years projected sales. Very high gross margins of 70% and increasing. Signing up customers hand over foot in the US and overseas. The SRM market is projected to be just as big or bigger than the CRM market. Recently picked by Forbes as one of their top 20 "Best-Managed, Fastest-Growing Technology Companies". Stock hit a high of $90 and is now selling for $1 1/8. Is the selling on this stock overdone, or am I missing something? No they are not profitable, but they certainly will be if their business is allowed to mature over the next year or so, IMO. TIA, Dave

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