ALANCO ENVIRONMENTAL: ALAN Message Board

STOCKTALK

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.

Microcap & Penny Stocks : ALANCO ENVIRONMENTAL: ALAN

ALAN 0.00

Mar 8 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: B. Ramsey who wrote (305)	2/25/1998 6:49:00 PM
From: Schafe	of 402

B. Ramsey. I am still here. Lucky I don't own enough that it hurts too bad. My view is as follows: 1. Fry Guy made 1/2 cent last quarter. With a margin of 30%, Fry Guy sales must increase by $1,000,000 to get us 1 cent of profit. I think that is possible, but not for a few quarters. 2. Lets say Fry Guy profit gets to 1.5 cents per quarter, or 6 cents per year. Lets say CDSI adds another 3 cents, for a total income of 9 cents. What is a reasonable multiple? A PE of 7 gets us to a price of 63 cents. That's a 50% increase over todays price. 3. On the negative side, there is too much reliance on Walmart and the problem maintaining a listing with such a low price. My shares are worth so little now that I will just hold to the bitter end. It does not look like the company will go out of business (unless Walmart drops them). At this point, why not just wait. I will let things cool a little and then talk to my contact at Harbinger.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next