PHFR: A $50M Company for .71/Shr ?? Anyone Know ?? Message Board

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Microcap & Penny Stocks : PHFR: A $50M Company for .71/Shr ?? Anyone Know ??

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To: Danny Kim who wrote (1)	7/24/1997 10:20:00 PM
From: Colin Cody	of 21

The stock occasionally moves just over a buck. Undervalued? . Per your own post they earned $.03 for 9 months. Let's say $.04 for a year. 10x EPS gives us a stock worth $.40 that is selling for $.71. I don't see anyone rushing in to buy this based on Sales and Earnings... (g) . Colin, small shareholder for 15 years now..

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