SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Keystone Energy Services - KESE on BB Nasdaq

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Scott Bankston who wrote (96)11/22/1997 2:59:00 AM
From: raymond marcotte   of 307
 
scott, my thoughts on keystone, now that i have taken a position in it, are that now is not the best time to plan on trading for quick in/out profits. their real game begins in 1998, and then will be the time to see if they can come up with results. if they can sign a good customer base and establish their credibility, the stock will really move. by mid june of 1988 one should know how sucessfully they have begun - and the market will be reflecting that.

again though, without any fundamental data to go on, it is impossible to anticipate just what kind of revenues will be needed to turn kese profitable. it could make quite a runup on hot air, but i would not hang aroung for much of that. as noted before, anything over $12 without any sign of net earnings is very unatractive to me. many stocks under $12 have negative earnings and unless they go below $5 after trading higher, are canidates for review.

on fundamental factors, i really count on four statistics: price/book, price/sales, return on assets, and return on equity. of course there is much more to fundamental analysis, but it is wise to know what are typical values of the first two rations for the industry, and positive values for the last one exceding the price/earnings ratio is very attractive. if you want your own investor package, send your request to carlislepr@aol.com. it is slick, well written, and provides thumbnail sketches of the principal officers.

good luck,

ray
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext