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

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To: Zeus549 who wrote (2279)8/3/1998 10:33:00 PM
From: Ron Harvey  Read Replies (3) of 4230
 
The point isn't what another company is doing (although RADAF makes for an interesting comparison) but what realistic expections for this company might be. The considerable dependency on Mexico, a fundamentally corrupt nation with serious economic problems, is what'll likely limit the P/E because of all the extra risks on top of normal business risks. If this company were, say, TRVS, you'd have a whole different P/E because Travis operates in the U.S.

It wouldn't bother me in the slightest to be wrong about the P/E, as I'd certainly benefit, but I expect that as time goes by (provided that Great White does indeed meet its earnings goals) this board will be filled with lamentations and dark wailings about why the stock is only 6 1/2 instead of 15 to 20 and how those damned manipulating MM's and shorters, etc. etc. But the explanation'll be the same: South of the border/ Down Mexico way. (I'm singing this, of course, which is why you're feeling so warm and gooey inside.)
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