U.S. Microbics {BUGS} - Environmental Augmentation Message Board

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Microcap & Penny Stocks : U.S. Microbics {BUGS} - Environmental Augmentation

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To: Ribre who wrote (211)	12/22/1998 1:21:00 AM
From: Sigmund	Read Replies (2) of 345

<<<< And I have a feeling, based on this company's technology and list of gargantuan former clients, that the stock will go a lot higher than that. <<<< Yes I am hopeful of that also. I don't think a P/E of 15 will apply however for a while. At this point we are talking about forward earnings which of course are not assured. We have no idea of the growth rate. Until more money is raised there is still a lot of risk. I don't think that this Press Release added much and really was a bit disappointing. Perhaps more substantial news will come soon. I certainly hope so. The potential is there for a really big win here for the longs, but at this point it is still potential only. A meaningful Press Release would have sent the price soaring. Maybe we will get this at some point. Until then, these rehash press releases won't do much.

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