BetaDog;
I would call it highly regurgitative, considering it reads like an amalgamation of press releases. Anyway, CSK Securities is a firm of dubious value IMO.
Here are some other CSK Securities / Christina S. Kohlhaas stock picks:
SIIS - Struthers Industries
www3.techstocks.com
XYBR - Xybernaut
prnewswire.com
And Xybernaut was recently recommended by the Silicon Valley investment advisory firm CSK Securities Research, which projects earnings per share of $0.21 in 1997 and $1.15 in 1998, calling XYBR a "strong buy". At a recent price of around 3 11 /16 , achieving these estimated earnings would result in projected P/Es of 18 and 3.2.
Lets see how well her predictions panned out....
1997 Lost .78, her prediction was +.21
1998 Lost .72, her prediction was +1.15
Say Yes Foods (SYES, was MILK)
www4.techstocks.com
and
financialweb.com
Then there is a report from an outfit called CSK Securities Research, which projected Say Yes Foods would report $5,790,000 in 1997 pre-tax earnings on $13,700,000 in anticipated sales - pretty bold stuff when no one has seen their actual 1996 results. Mr. Thomas said that CSK was the only report that they didn't pay a fee to have prepared but he also acknowledged that CSK's source for their projections was the company itself. CSK wouldn't answer our previous inquiry into whether they were compensated to prepare the report. Nonetheless, $5.79 million in earnings on $13.7 million in revenues is a far cry from the company's revelation to us that sales have only just commenced within the last few weeks and may grow to as much as $2 million by the end of 1997 - perhaps.
Palomar Medical Tech (PMTI)
Message 538191
Turbodyne Tech (TRBD - Sorry DELISTED!)
From Bloomberg...
TRBD TURBODYNE TECHNOLOGIES
Equity Analysts
B. Riley & Co. Hendrickson, Brett 310 966-1440
CA IB Investment Bank AG Bauernfried, Peter 43 1 58884-0
CSK Securities Kohlhaas, Christina S. 415 899-9959
Fulcrum Securities Goossens, Thomas A. 415 440-6744
Veronex Technologies (VXTK)
veronex.com
As you can see, each and every one of the CSK names = POS.
Buyer Beware! |
