Buying opportunity - Market maker out of business Message Board

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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: Master (Hijacked) who wrote (47)	1/15/1998 2:11:00 PM
From: 007	Read Replies (1) of 472

What's with your math, Doug Eickerman? "At 5/16, NURS has a PE of only 4. Hey I think it could stick at $1 with a PE of 10 with all the stuff they got, ie Cymedix sales." In 1996, NURS lost .19 per share. In the first 9 months of 1997, NURS lost .07 per share. How do you figure that a pe of 10 would value this stock at $1? Furthermore, there is only one reported sell by Cymedix and it was to a university and NURS did not say how much money it involved. Nurs has continually diluted their stock to the point of it being practically worthless. Nurs went from 1 million shares of common on 12/31/94 to 12.8 million shares today, adding more than half of the outstanding shares in the last 12 months alone. Nothing tells me this stock is undervalued. Prophet PS I like the idea for the thread though.

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