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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion
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To: Risky Business who wrote (1503)11/1/1996 7:17:00 AM
From: Mondoman   of 13949
 
OH GOD NO!!! I'M GONNA LOSE MY SHIRT!!!

Hate to tell you this Jim...

I couldn't care less if the stock rose to 50 tomorrow. If it does,
I'll short another 2000. Eventually, the price will reflect its real
value. I can wait.

The company earned a nickel on a per-share basis. This is a repeat
of their performance for the June '95 quarter. In other words, their
margins are still as thin as a butt hair on a gnat's ass. The company
has earned an astounding $350,000 for the 9 months of 1996 - doubly
astounding when you consider that their market cap stands at
$120,000,000. The company could have earned more money if they shorted 10,000 shares of their own stock at its all-time high of
55 and covered a few months later at 19.

So let's see...the estimates were for .03 a share (about $120,000),
but they came in at .05 a share (about $210,000). What did they
do? Fire 2 secretaries?
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