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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: Bobby Yellin who wrote (531)4/22/1998 2:51:00 PM
From: Mr. K  Read Replies (2) of 4230
 
I don't know what more we could ask for in steady positive news from the company and I'm surprised that the price is not growing with the news.

A couple of weeks ago when a buy recommendation was made by SAAD and I think one other analyst group, based of the anticipation of this good earnings report, this stock jumped up over 1.30 per share. Now the speculation on earnings is fact and we are still near a dollar??? Makes no sense - Maybe it just hasn't set in yet! Or lack od sex appeal via Mexico?

I became a real believer when Mr. Smith arranged the $8 mil line of credit at prime plus 2%. The lender of such a line would have made a through study of actual earnings and future growth. I bought more today and feel lucky the news had not put the stock out of reach!

My recommendation is Buy and hold.
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