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Microcap & Penny Stocks : Rande Is. . .FISHING. . [under $1.50]

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To: jim geis who wrote (867)3/1/1999 11:32:00 PM
From: Rande Is  Read Replies (2) of 4766
 
Jim,
Glancing over the page you linked, most every figure they quote is an estimate. They estimate how much they might make based on what they think are breakdowns. . .and if their product is purchased in a major way, then the revenues will be exactly as shown and the stock price should be at 3 or 4 dollars, according to the company.

These are all red flags in my opinion. I would rather have a company say, we lost a million in R and D, but we sold 500 pieces and made our first 100,000 dollars. That would at least give a picture of reality. . . .the linked page is "the future in a perfect world."

My guess off hand is that they don't report financials. . .nobody has any biz, IMO, messing with ANY stock that does not report financials to SEC. . . . unless it is strictly a momo and you have no plans to hold ANY stock for more than about a day.

Take care. . .hope that helps.

Rande Is
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