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Microcap & Penny Stocks : LASERPACIFIC (lpac)
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To: Bobby Yellin who started this subject7/10/2001 12:26:21 PM
From: Dale Baker   of 542
 
Substitute LPAC for WFII and "major Hollywood studios" for AT&T and it would fit like a glove:

"On the surface, WFII doesn't appear to be any different than any other
tech stock suffering through the spending slowdown. Earnings are
expected
to decline 56% this year, to 33 cents a share. But that's a lot of
earnings for a $6 stock. Most tech stocks down in the mid-single digits
are there because they're losing money, and that includes blue-chip
names
like Lucent (NYSE:LU) and Nortel (NYSE:NT).

And based on 2002 estimates of 67 cents a share, Wireless Facilities
trades at a forward PE of just under 9, 33% cheaper than General Motors
(NYSE:GM).

The company's list of customers include AT&T, Verizon, Cingular and
Nextel, among others. Not a group that's likely to go out of business.
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