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Technology Stocks : Golden Genesis (GGGO), formerly PCOM

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To: Gerry Petencin who wrote (33)8/31/1996 2:49:00 PM
From: PuddleGlum   of 145
 
Gerry-
You're hired! That was an excellent report on the company and it contained more detail than I could have hoped for. Did you get a feel for what they plan to do with the additional capital, other than expand to the building next door?

Sounds like a p/e contraction could well be in the cards as the price stays here for awhile and the earnings grow slowly. But I keep thinking that incremental sales increases will send more to the bottom line because the preferred dividend is already covered.

Last year they reported earnings during the last week of September, so we should have more info to chew on at that time.

Steve
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