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Microcap & Penny Stocks : THERMWOOD (AMEX:THM) 10 PE with 50% EPS growth rate
THM 1.870-9.4%Dec 29 3:59 PM EST

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To: Steve168 who wrote (37)12/23/1997 6:54:00 AM
From: Dan W.  Read Replies (1) of 52
 
Steve,

The Mgt of this Co is not in the same boat as you. They have a similar agenda, but their boat sales at a slow Indiana pace. Moreover, Mgt has a Co that is the largest distributor of THM's products or at least that was the case a few years ago. While this arrangement may have saved the Co when it was in trouble it probably has some affect on margins. You should also note that the 5/1 Stock spliit never works smoothly and usually leads to a downdraft in the Stock price. My guess is that Mgt will seek to increase their ownership of the Co and further entrench themselves at lower prices. Best of luck!
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