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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: Tracy Vonah who wrote (747)3/26/1996 11:02:00 AM
From: Roger Brown   of 1014
 
Such an interesting stock this is. We had nice stability in the high 4's earlier this month after a big runnup last month. I guess conceivably this could go down even more? Naturally, one would presume that this would command a greater PE than what will be about 20 (@ $6 and .30 EPS for the last 3 quarters (including this one)).

So far this is a large abberation compared to most other stocks who's PE is on par with EPS growth. This might take longer than any of us thought to rise in price....not that i really care when it happens...becasue i know it will.

I'll just find it intriguing if it doesn't reach $12 by 4/23 and then go on up from there. The short sellers must love playing with this one...give it time and they will diminish in percentage...one, two , three months? Just hang in there and give it time...
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