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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: X Monger who wrote (599)3/12/1997 8:56:00 PM
From: Brian Fuller   of 1985
 
See how these numbers stack up:
QNTM trades at about .6 X trailing sales, is we extrapolate this to the highly speculative 500 million forward figure for JTS we get a share price of about 2.29.
QNTM has about 685 Million in current assets. JTS has about 25.
QNTM trades at about 4-5 X book value, JTS trades at about 25 X
book value.
To try to exprapolate a share price based on a comparison between a well capitalized company and one that is almost bankrupt is (IMO) not
very fair to
A. the principles of Capitalism and
B. The good readers of this thread.
My opinion - wait for the existing shareholders to get reamed by the reverse share split. When the dust settles from this it will be a sign that the company is worth investing in.
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