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Microcap & Penny Stocks : Buying opportunity - Market maker out of business

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To: Master (Hijacked) who wrote ()6/23/1998 4:57:00 PM
From: John Hanzl   of 472
 
All...

Remember a few months back I told you to check out Suncom(OTC BB:SNLMF)? Their MM had just gone out-o-biz... Back then Suncom was trading at around $0.12...Well a month later ('bout a month ago) it SHOT to $0.85. Since then it has drifted down to $0.30.

Well, Suncom just released their financials for year ending Feb 28, 1998. FULLY DILUTED eps of $0.28 US dollars! Hell, with a P/E of 10 fairly values it at $2.80, which is almost 10 times greater than what it is at right now ($0.30)! I would watch this one!

JohnnyH
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