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Microcap & Penny Stocks : MVSI Brighter future

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To: TheInvestor who wrote (1099)9/8/1997 4:28:00 PM
From: TScott   of 1287
 
Sorry to be a wet blanket but here's the take from one that's been in and out of MVSI a few times over the past 9 months (long) and been lurking here for as long. MMM news and the Ford deal are NOT going to take this stock to the 20's to 30's over night!! My God, at $7 this stock is already trading at a PE of 47 and I haven't seen any analyst who's willing to go on the line to predict projected earnings that would would justify PE's of a higher nature. The stocks being diluted through acquisitions and there's a bunch of warrants out there just waiting to pounce on anything real positive. My question to all would be this: "Where's the beef? What factors in this companies management, sales, technology or anything else tangible justifies a PE of 75 ot 100?" Happy trades to all and good luck.
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