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Microcap & Penny Stocks : Dollar and Under Sleeper Stocks

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To: Joe Copia who wrote (5645)3/18/1998 9:35:00 AM
From: Zvi Yammer  Read Replies (2) of 8835
 
PHOTOMATRIX announces Merger with IPAC.....

This is not a BB stock it is on the NASDAQ.

Check out the recent news. The combined company should do between 18-20 million in rev. and show a proft of 1.25 mil (after-tax)

Based on normal multiples of 25-30 x's earnings or 5-6 x's sales
we should see this stock around 2.00 (close at 11/16 bid)
in 12 months time.

This is not a penny stock super hype story.. It is a basic fundamental analysis of a stock that is not followed by anyone.

There will be (after the merger) nearly 15 millin shares out.
Over 11 million will be tihgtly held. The public float now is quite small. SO Don;t try to buy too much at once. However, I do reccommend small purchases of 5-10000 shares and don't pay more than
1.10 for the stock...

As for the 1.oo Nasdaq rule the company is willing to reverse split the stock to get keep the price above 1.oo and maintain the NASDAQ status in Fact a reverse split may even get teh stock above 3 and we would be on full NASDAQ within 1 year ( my opinion.)

Check it out. Show me why I'm wrong..
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