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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted
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To: JakeStraw who wrote (619)3/20/1996 2:28:00 PM
From: Roger Brown   of 1014
 
Your opinion is respected. However, do you really call a PE high when, if the 52 week high this morning of $9.75 is kept to the announcement day around 4/23, PE drops to 33? TLTK is growing faster than ASND so far, and it's PE will most likely drop (if today'sprice is kept of $55) to about 145 on earnings announcement on 4/16. Remember ASND grew 188% EPS last year.

I sound sometimes like a resounding gong...but PE's reflect EPS growth rates (basically, sure there's future anticipation too). This quarter will be at least 50% greater EPS than the last two, COMBINED.

A herd mentality when the "new PE" is accounted for of 33..is just people seeing what an outstanding opportunity there is. People, before today, were still shunting this stock. AT $9.00 the market value is only $73 million, no lambs to be slaughtered here if all of us just hold. The herds are the ones going to the places the've dreamed about once this makes them more money they thought possible.

What are some stocks that you have seen go up as much as this in two months? One thing we know is that they are busy bringing in more revenue (leading to more net income)...this is not like NSCP, or SPYG, or UUNT. They all have nice bell curves becasue they didn't bring in the net income...TLTK is though!!!!!!!!
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