Gary, CD is still undervalued, IMO. But, again, an honorable person can be wrong and still retain his honor. Of course, you might have noted that I bought most of my stock @ $ 19, that is went up to $ 23, I sold most around $ 22 before it fell to $ 15.42, where I bought a whole lot. It then went to pathetic levels and has re-bounded to give me a nice profit for the year (although not near what it would have been IF CD had not fallen to the insane price of $6.50).
Now, back to FTEL. FTEL would have to more than double to be where it was about a year ago.
Did the recent President's message say anything about the sales trend continuing for 1999? Will profits come soon, or will they have to raise even more money than the most recently announced additonal private placement by FNET?
Remember, FTEL has a history of way up and then way down sales. Will this part of FTEL's history repeat itself?
If you dobut what I am saying, go to valuespec.com and then to the FTEL Stock Library. There is a Past Earnings link that will give you FTEL's numbers in black and white.
As for my posting, I don't plan to post here a lot. I just wanted to spend a few days updating myself on what is going on.
Take care !
FTEL: ~ $ 2.75
CD: ~ $ 20.50
VALUESPEC
valuespec.com
|
