Stocks that should be investigated by SEC Message Board

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Microcap & Penny Stocks : Stocks that should be investigated by SEC

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To: Mama Bear who wrote (110)	8/11/1998 10:12:00 AM
From: David Wise	Read Replies (1) of 167

Barbara, now suppose Osicom sales, currently around $100 million, pick up with their new, higher margin products to about $140M and they post a fair profit in the near future of only about $14M. That's almost $2.00 per share. With that kind of improvement they should have at least a P/E of 20, for a stock price of no less than $40.00. Then will you be posting that you were wrong again, this time in the other direction? With this stock picking methodology you'd be in stocks before they go down and short before they go up. Doesn't sound like a strategy I want to follow.

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