Golden Genesis (GGGO), formerly PCOM Message Board

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Technology Stocks : Golden Genesis (GGGO), formerly PCOM

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To: PuddleGlum who wrote (19)	8/23/1996 2:06:00 PM
From: Gerry Petencin	of 145

Time for a reality check on PCOM? Boy I hate to get pessimistic on a stock but I'm starting to worry my general love for PV made me get a bit carried away on PCOM. Here we have a neat little company that can't seem to earn much money (yet??). They sell for 50 times earnings. Now we have to factor in some dilution of the existing shares raising the PE to what, maybe 60? Unless earnings grow pretty soon you can sure see this stock at $1 or $1.50. I also never quite get a handle on their financials, seems like they have a few classes of preferred shares that might drain off earnings from us common stock holders. But still, if we want to take a fairly pure stake in the PV biz I think PCOM is it. Check out www.nrel.gov for all sorts of solar stuff. They have a search engine, Harvest, gives seven hits on Golden Photon, including a 3.5 M contract with NREL. Gerry P.

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