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Microcap & Penny Stocks : A GREAT COLLECTION of STOCKS UNDER $5.00

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To: Gator who wrote (319)8/17/1998 3:12:00 PM
From: Risberg  Read Replies (1) of 331
 
LTCW? $24 in April, now under book and flat-line at $3.75

Anyone have an opinion? I'm long this stock as a bottom feeder. Nice growth story, selling for price/sales of 0.27. Their crime was to surprise Merrill Lynch (their only coverage)by preannouncing a near-breakeven quarter. Adding to the mess is the CEO being kicked upstairs to chairman and they are looking for a new CEO. But a 7:1 haircut? My money says no ..... Any comments appreciated
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