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: Jeff Lee who wrote (4)	7/28/1997 1:00:00 AM
From: Colin Cody	of 21

Jeff it was well higher than $15. I shorted it at $19, down from $30!! . Danny, what do you mean "finally" profitable? The Company has been chuging along for YEARS, little has changed. Nil public shareholder communications, and a stock price that is not going anywhere but within a range of 7/16ths to $1.125 on LOW volume. . If you hear that SOMETHING NEW is happening like a glucose monitor, soluable asprin or whatever, THEN this would be interesting again. But IMO, the current status is solid, high volume revenues with perhaps some small growth, and some reasonable earnings. 10x EPS is more than adequate IMO. . The public owns so little of this one, I doubt the controling parties will allow us to prosper. . Look for something NEW. I've been looking for 10 years, and am STILL waiting (g) . Colin

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