JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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

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To: majormember who wrote (1837)	6/18/1998 9:57:00 PM
From: Jim Johnson	Read Replies (1) of 4230

Here's what I got out of the CC....<with notes> Polaris sales are going better than expected....the "old" models from the prior distributor agreement are almost all sold and gone. The new facility in Monterrey is now 35 to 40% complete. They have narrowed it down to 3 or 4 possible sire locations to open in Miami...look for a decision in about 30 days. Question was asked if the new laws regarding jet ski's were affecting sales...Colin answered No, that though jet ski's are a minor item to them, sales are actually up on them. Colin said to look for them to be in the RV business in 2 to 3 months. <That surprised me! I was not expecting that...I have mixed emotions on that item. It is a profitable industry, but requires huge investments in inventory> Second quarter earnings will be out in mid July. Dividends paid to his 'family' will be used to purchase additional stock. There were 4 broker firms that asked the questions, so presumably were listening in...I missed the first two, the third was First Wilshire, the fourth Smith Barney. I sure wish I had more available cash to buy more at these prices! Jim J

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