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Microcap & Penny Stocks : FRSH
FRSH 11.21+3.4%3:59 PM EST

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To: Richard Mazzarella who wrote (142)7/22/1997 6:43:00 PM
From: puzzlecraft   of 531
 
Richard,

No selling on my end either.

The P/E won't be adjusted "any day" on the various databases in a way that will cause immediate buying IMO. I have 11 cents for the latest quarter, 9 cents for the previous quarter, but a loss of 20 cents for last year's fourth quarter, and a loss of 2 cents for the quarter before that. So the trailing 12 month' P/E isn't meaningful, 'cause the trailing 12 months' earnings is a loss of 3 cents. So we'll have to wait one or two more quarters, assuming the current turnaround countinues, for the system databases to flash buy signals for the institutions that fish that way. Hopefully, people will be buying ahead of that time on the expectation that that time will come.

John
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