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Microcap & Penny Stocks : OWLD OneWorld Systems

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To: Potato Farmer who wrote (1448)7/13/1998 8:41:00 PM
From: Ron Kline   of 1648
 
I see the Yahoo graph and it shows the IPO coming out about $12 and it did double to $24 after basing to $8. You make a good point that when they went public their earnings were pretty good. You also are correct that Apple problems did have a big deal to cause a lot of the downfall. But I do question their responsiveness to their problems earlier on, and their inability to diversify until it was too late. Part of good management is handling the company when things don't work out or there is a slowdown in the industry, and I think they get an F for that one. They were a D- until they sold off the business pretty much giving all shareholders at the time the short end of the stick.
Ron
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