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Technology Stocks : Golden Genesis (GGGO), formerly PCOM

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To: Gerry Petencin who wrote (3)7/5/1996 11:50:00 AM
From: PuddleGlum   of 145
 
You gave a very good summary of the company, and I'm glad to hear from someone who actually uses their products. Did you notice their earnings report a couple days ago? Revenues at $5.2M versus 6.3M, and earnings .01 vs. .02. Last year was boosted by two military contracts, but this year the commercial business grew over 40%. They say that next quarter should be very good, and I know they've gotten several significant contracts recently. My best shot at the downside to this company? A) I'm uncomfortable with the NREL stake, but I think it gives potential customers a warm fuzzy about this company's staying power. B) The current P/E matches the growth rate, and I see a number of better bargains out there with 20-30% growth rates which are trading at <10 times earnings. C) I don't see a boom in their industry like you do, but steady 30-40% growth for the forseeable future is nothing to complain about. D) On the grand scale of things a company with $35M market cap is a gnat to be swatted away by even a small cap company.
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