SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : HGRM--Any Followers?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Leslie Tack who wrote (2090)3/20/1999 8:11:00 PM
From: Ted M  Read Replies (1) of 3576
 
Tangible amounts would be great but simply haven't been made public in about a year (someone correct me if wrong). The last ones we've seen had small numbers, although good growth was evident and they had reported slight profits for 5 or 6 consecutive quarters.

The word is that the shipment originally due on 3/15 was valued at 8 million, but specifics about payment have yet to be made clear. It is reasonable to assume that the second shipment will be coming up another month or two since the total shipment is to be 5 billion holograms. I don't know what kind of money HGRM will be taking in but I would think that the profit margin COULD be substantial.

A good sign to me is that Kevin Brown owns a large percentage of shares and there has been no sign that he sold them at these higher prices.

As Jim has said we are dealing with unknowns and probabilities that are subject to opinion. I too prefer hard numbers but am willing to wait this out as the payoff could be very good. Each of us must decide what the risk/reward situation is for ourselves with the infomation we do and don't have.
Ted
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext