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

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To: Jerome J. Lazar who wrote (1696)6/9/1998 11:47:00 PM
From: Jeff Freedman  Read Replies (1) of 4230
 
The reasons for TGSK's low price are numerous and have been discussed ad nauseum on this and the Yahoo forum but can be summarized in the following points:

1. Company has only been public since early in the year.
2. They do not have a public track record of earnings. (Only 1Q of publicly reported earnings.)
3. Their business is based primarily in Mexico and they have previously used a Mexican auditor.
4. They are still waiting for confirmation of SEC reporting status which would add more of a comfort level to some potential investors.
5. Since they are listed on the OTC market they are subject to substantial price manipulation by the market making firms. (Regarding NASDAQ, they must attain a share price of $4 along with revenue and/or asset requirements in order to achieve a Small Cap listing. Full NASDAQ requires even higher numbers.)
6. Since they are not on the Small Cap list, no brokerage firm will recommend them to their clients and no funds will take a position in TGSK.

etc., etc. etc...

All this simply makes for a greatly undervalued opportunity!
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