Optical Cable Corporation - OCCF Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Optical Cable Corporation - OCCF

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dowjoe who wrote (194)	12/29/2001 1:58:21 PM
From: ChrisJP	of 449

Hi Dowjoe, you asked: "why is there such enthusiasm for this company ?" My enthusiasm for OCCF was strictly based on valuation. A company that has $1/share in revenues and .10/share in earnings should be trading around $3, IMO. Of course, due to several factors, the price to earnings argument isn't as strong as it used to be. Even without this and that, OCCF lost .05/share during their Aug2001 - Oct2001 quarter. The price to sales argument has weakened too. Maybe now it is a $50M per year company. If the last quarter was the trough in sales and OCCF does something simple to cut $1M in cost of sales (like lay off 12 people), then we are looking at company that will be break even or slightly profitable next quarter. I think I started the last sentence with the word "If", lol. Anyway -- who knows what this stock will do. My guess is that it will dive on Monday -- maybe even down to 1.30 - 1.40 on 5M+ shares. IMO, if it does this, there could be a good opportunity to flip shares from the 1.30s to the 1.40s. Might also be a good accumulation opportunity too for a January effect play or longer term hold. Just my thoughts, Chris

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next