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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)8/4/1998 12:37:00 AM
From: Zeus549  Read Replies (1) of 4230
 
Ron,
I'll try not to gripe when TGSK hit's 6 1/2. But you bring up a possible point to consider. But can you point to other companies that operate in Mexico and have PE valuations that are suffering as a result? If not, it is pure speculation. If so, then there might be a trend that one could say "well of course". I think there is some truth in what you say based on the fact that I am well aware that some investors don't trust the auditing as much. Apparently they feel that it may be easier to get the numbers "twisted" south of the border. Although there is plenty of evidence with numerous class action suits etc. right here in the good ole USA to indicate that you don't have to go south of the border to get numbers twisted.
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