JAWS;A P/E of 2 with 150%/yr Erngs Growth!! Message Board

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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!!

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To: Jim Johnson who wrote (4007)	4/19/1999 1:57:00 PM
From: Zeus549	Read Replies (2) of 4230

Jim, I think my previous post #4004 is still operable in this regard. This Form 10 was looked forward to with great anticipation. IMO and obviously I'm not alone here, it was a major disappointment. It has answered very few questions if any and has raised a number that were not necessarily there before, such as the whole issue of outstanding shares and who owns what. I think the fact the the peer review by the new US auditors was apparently not done has not gone over well with the market. What else is there? A sampling of Yahoo is bringing up a number of excuses as would be expected over there. If it isn't shorts, it's the MM's or whatever. The fact of the matter is that if you look at volume, it just wasn't there. This wasn't a retreat back to these levels from shorts IMO, it was just plane old lack of sustained buying. Basically this all goes back to trust in management. They are in the debit department there and it may take a while to shovel their way out if they ever do. It could also be that they really don't give a damn at least for now. If you look at things from their point of view, they are richer than they have ever been, too bad for the shareholders. This is one opinion and there are many of course.

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