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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: Roger Brown who wrote (380)3/14/1996 10:29:00 PM
From: David Luckie   of 1014
 
I hate to be the one to inject a voice of reason here, but there has to be some credible projection of earnings growth in order to support these levels. There has to be one HELL of a run in earnings expected in order to support a trailing PE over 30, much less over 50. It's not that I don't believe it's possible--I just want to see it.

There has to be *something*. I've seen many messages here saying that the fundamentals are there, but no one explains them. Why are earnings supposed to grow so fast? What are they expected to be? Is there a I/R phone number for the company? A World Wide Web site with an index of press releases?

I learned a long time ago that behind every stock is a company, and every company has a story. I wanna know the story.
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