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: Ron Harvey who wrote (2280)	8/3/1998 11:20:00 PM
From: Mark B. Martell, CCM	Read Replies (1) of 4230

I'll concur with Ron's thought processes on this one though. I've seen the "industry" comparisons of 20-30x's P/E (reported on such places as the "unofficial" TGSK web site). Don't get me wrong, I'm all for it, but I sure would like to see the companies being compared..... I would surmise that NASDAQ listing will bring this stock up to a fair valuation, with a P/E of say 10-15. Once they diversify their economic risk into other markets, we will be hedged against currency risks. To me, that process would warrant a greater P/E on future expectations, as the market would not have to "discount" the risks associated with the Mexican economy. I believe that is what Ron is arguing here... Still.....10-15 P/E on earnings of 40cents with a high growth rate suggest a $4-6 stock price at a minimum. I'd like to see an MM short squeeze (not a spike, more like slow agonizing movement upward), which would peter the stock out approaching $8-9 per share as many sharkholders, despite their "longness", would need to pay for the party in Cancun with their newfound wealth..... Mark

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