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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 (2285)8/4/1998 3:40:00 PM
From: Craig B  Read Replies (2) of 4230
 
The 0.98 1999 EPS is an error. If they were going to earn 0.98 eps next year, I would get a second mortgage. It was calculated based on 5.9 mil shares not the current 8.3 mil.

When talking about Mexico and the potential economic uncertainty, I would first ask a couple of questions. First, the products GW purchases are purchased in dollars and from what I understood, are sold in dollars. Therefore, it is not clear to what extent exchange rate fluctuations will impact earnings. Second, they have stated that most of the people who purchase these products are either wealthy mexicans or non-mexican nationals (tourists, both US and non-US). So, it is not clear to what extent the mexican economy will impact those people who actually purchase these items.

I would suspect that both the mexican economy as well as the US economy will impact purchasing. But I am not sure that the assumption that if the mexican economy tanks sales have to tank to the same degree is a correct assumption. Sorry I can't give answers to these questions.
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