OCCF: Optical Cable Corp Message Board

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Technology Stocks : OCCF: Optical Cable Corp

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To: Tiburon who wrote (511)	11/4/1997 11:17:00 AM
From: Matt Kaarlela	Read Replies (2) of 545

Tiburon, I know this was intended for bigbutt but I can't resist a comment. I have owned OCCF for some time now and I still like the fundamentals of this one BUT it looks like it has lost favor with the major buyers of late. The stock repurchase program is just posturing by a CEO with a big stake in a small company (IMHO). I think he just felt like he had to do something so he made the press release. It will have no real impact. What will have impact is contracts so I hope the company's sales force rolls up their sleeves and gets busy. I'm not selling till they hit 17 which means I may carry this one for a long time but I don't care and will continue to hold my baby stake in what I think is a good company. I'll even go one step further by saying I believe the entire market is returning to fundmental P/E ratio investing which will hurt those companies with unusually high ratios regardless of their sucess. Good investing and how about some comments from other OCCF investors?

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