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 : lcav

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: BARRY ALLEN who wrote (800)5/23/1999 2:22:00 PM
From: W Shakespeare  Read Replies (2) of 942
 
Since LCAV has about 1/4 the lasers as LZRC, it should have about 1/4 the market cap. That would put LCAV at about $10 a share. The explosive gains of the last few weeks were a catch up for the relatively undervalued LCAV. I expect the stock will now mirror the upward action of the other providers in the industry.
We may also see an extension of the current gains due to the short-term trading of momentum investors followed by sharp losses when they close their positions. At any rate, the stock seems to be fairly to slightly overvalued at this point relative to its competition.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext