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Microcap & Penny Stocks : SLEL- the next hot chinese internet play....
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To: Skycat who wrote (45)5/4/1999 12:32:00 AM
From: Jim Bishop  Read Replies (1) of 235
 
Yuppers, when the charts scream, hell when anyone screams at me, I jump.

Just read, then reread some of the profiles on the company. I like this from Stockquest, in addition to having .com in the name.

To recap, Salient Cyber.com has an opportunity to become the dominant
international company in the $150 billion Internet distance learning
industry that is growing at the rate of 33% per year. SLEL is on-track to
achieve annual revenues on the order of $25 to $30 million per year in an
industry where 20% (or better) profit margins are the norm, and peer
companies are being valued by Wall Street investment banks at an average of
35x future earnings.

Based on estimated 2001 EPS of $0.53 (20% margin on revenues of $28 million
and 10.5 million shares outstanding) leads to a 12-month target price of
over $18 per share.
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