SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Spectratek (SPKN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: walter kleiman who wrote (1)11/22/1996 9:39:00 PM
From: baystock   of 11
 
I listened into a teleconference in which some guy who I think was the CFO spoke. They had some rosy projections of 89-90 cents per share 2 years from startup. The idea sounds good buy I am sceptical this company will come anywhere near those projections for the following reasons:

1) They themselves said that their main competitor is Expedite (XPED) which is a $18 stock. I felt their reasoning for why they could compete was rather weak

2) 2 years is a long time in telecom business and profit margins can collapse from the levels they are projecting for that time due to competition.

3) They didn't indicate what they are doing that is unique other than saying their box was the only box that could provided all 5 services, fax, email, fax forwarding, internet access, and ?(I forgot the last one).

Just my opinion,
Ram
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext