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Microcap & Penny Stocks : LASERPACIFIC (lpac)

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To: NAG1 who wrote (461)8/9/2001 9:26:18 AM
From: Fundamentls  Read Replies (1) of 542
 
The other question right now-is anyone paying attention to good news or are the markets only going to move down on bad news? I would hope we get a nice boost from this.

LPAC was in a similar situation back a couple of years ago. It started to move only after the results had gotten into the stock-screening tools and it sharted showing up on value screens. I expect that may happen again.

The trailing PE is about 5 and the company has strong growth prospects. That is now entirely reflected in reported results. Investors will come; it may not be a quick pop but rather a rising base of support over the next 1-2 months.

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