Hi There 7th Level Fans!
Just learned about your shamefully good fortune from a good friend of mine over in our WAVX thread. We're all so very jealous! Wave Systems [WAVX] is going for about a $1.75 as of now. However, we hope to out do even you! If you'd prefer to check out what the hell it is I'm talking about and do your own due diligence on the WaveMeter's applications for e-commerce then check out your fellow SI investor's discussion of Wave Systems. That's part of why you paid to be a member of SI for, remember? You can also go to the company's site.
wavesys.com
That said as a friendly tip in the right direction. I'd like to comment on where were going with 7th level. Upward. With a lot of volume and, of course, some volatility. Our company's stock has been down in the dumps but its day in the sunshine has come and we've been rightfully rewarded for our patience. And patience is the key to profit in the market.
The company's value and the value of its stock seem disparate for now. But that's precisely what makes SEVL such a good deal to get in on. These are the sorts of disparities we should only hope to find more of. As a general rule on Wall Street, a stocks P/E should be about equal to the company's projected growth rate for it to be fully and fairly valued. For SEVL, establishing a "growth rate" will depend on analysts having the information necessary to calculate at least its potential stream of revenue, profit margins, earnings per share, etc. That information is forthcoming. Hopefully, it will point to something quite lucrative as the mechanisms to generate a little positive cash flow are put in place.
Your friend,
Marty
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