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

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To: PistolPete who wrote (2275)8/3/1998 5:19:00 PM
From: Mark B. Martell, CCM  Read Replies (1) of 4230
 
Good point Pete....

I knew that. What I was trying to get at is they are not just expanding facility space in Monterrey.....

Why are they in Florida? When they were developing the business case for having a presence in Florida, I had naturally assumed that 1) It was a sales office/launch point for the islands and Latin America, and 2) It provides them with a name and presence for the "heavily centered" boating industry in South Florida I would hope that they realize the frailty of operating in areas of unstable economies and looked to expand in other areas of the U.S. (like Florida for example)...

I had talked to Sitra about Colin's son heading to Florida and I had hoped that his intentions were to eventually do business there (obviously trying to muscle in on distributorships in that state....the competition is fierce but the cash flows are steady, thanks to all the wealthy retirees who are more immune to a downturn in the ol' S&P).

If I'm looking at this company from a future revenues perspective, I would hope that they spread their currency/economic risk to other locales, hedging themselves against a downturn in the TexMex economy. Seeing them take steps to expand operations not only in Mexico but in other areas like Latin America and the Caribbean seems like a good strategy......so does South Florida.....

Mark
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