VLVT (was CSMA) Message Board

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Microcap & Penny Stocks : VLVT (was CSMA)

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To: charles messick who wrote (5701)	3/6/1998 12:52:00 PM
From: TraderGreg	Read Replies (1) of 11708

CSMA looks like a screaming bargain at this point?????? Are the lowly BB stocks granted permission to use forward P/E. I thought those were only allowed for the Yahoos, Netscapes, AOLs... you know forward like the year 2005. Remember, the .37 is revenues received(after commissions are paid). Don't know what the other misc LPS costs are but if you assume other operations cover LPS other non-commission costs, you get a forward P/E of .57/.37 = 1.54 for LPS only. Let's see, that's about 8.4 million in profit for a company with a 13.0 million market cap. I guess that's worth taking a small position. TG

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