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Microcap & Penny Stocks : FRSH
FRSH 10.84-2.1%3:59 PM EST

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To: Larry Brubaker who wrote (209)9/8/1997 11:44:00 PM
From: Richard Mazzarella   of 531
 
Larry, <<$8 to $10 in the next year>> That's not my forecast. Not that I can disagree, but I tend to look shorter termed for a double ($6) in 2-4 months. Then I'll think more about the future for it. I like the growth of earning over the last 2 quarters. The costs for Hansen absorption should be over and the company should get optimized earnings. This quarter's result will be key to a better longer term forecast IMO. The P/E for FRSH on databases should start to shout interest for institutions that are looking for value in this overvalued market. I guess that no stock can truly be called completely safe, but FRSH comes close IMO. Of course I love 5-10 baggers, but identifying high flyers with low risk is almost impossible. A stock like FRSH is a "cover my ass" stock just in case I blow the big speculative plays like MXAM and IPMCF.
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