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Microcap & Penny Stocks : USSP... Undiscovered Internet Stock

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To: stockvalinvestor who wrote (2)11/21/1998 3:12:00 PM
From: M. Charles Swope  Read Replies (1) of 20
 
Ken,

The fact that the per share price of the stock is only $.18 has, by itself, nothing whatever to say about the risk involved. While the low price/share allows you to put up a relatively small amount of money, the risk attached to that investment is determined by the company's prospects.

I suppose an argument could be made that if many people believe that a low per share price equals low risk, then the prospects of the stock rising are improved. However, that sounds like a gloss on the "greater fool" theory.

I agree, though, that USSP sounds interesting. If anyone has done any financial analysis on the company, I'd love to see it posted.

Charlie
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