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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN)

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To: IN_GOD_I_TRUST who wrote (502)10/23/1997 12:15:00 PM
From: KEVIN BERGER  Read Replies (3) of 1026
 
Bottom line is earnings..So far we have seen $.33 for the first two quarters (including disc. operations)..Revenues increased over 500% from Q1 to Q2...Orignally the company estimated an annual income of $550,000 for the year..They have already made $370,000..If they hit projections, which they look like they will, they would be priced at $4.08 at a p/e of 10...The market is averaging somewhere around p/es of 20, which would put kran at $8.16..Needless to say, I will be happy at $3.....They are a tremendous come back story so far..Revenues are growing, profits are growing, and they continue to pick up new businesss..If you go back a couple of weeks I was in a definite accumulate mode..I really didn't think things would jump this fast..Either way come feb-march when the annual numbers come out, I think we are all going to be in for some big money...Whether it's going to be double, triple or even quadruple our money, I guess we are going to have to wait and see..
God bless
kb
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