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Microcap & Penny Stocks : UNDERVALUE STOCKS WITH SMALL FLOAT.

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To: Taki who wrote (56)1/1/1999 11:55:00 AM
From: chalu2  Read Replies (2) of 452
 
I just read the company's 10Q, and there are many items of concern. The accounting practices in their business segment are being re-evaluated and many stocks in this area have gone way down (and some out), the balance sheet is very weak, and a recent settlement with another company could put them in a serious cash bind. I can't agree that this one is undervalued.
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