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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: Katie Kommando who wrote (42628)	4/12/2000 1:53:00 AM
From: Jim Bishop	Read Replies (3) \| Respond to of 150070

They all look good to me, bottoms...only problem is, in this market they keep digging the basements out deeper. I do think you are wise looking at some of the lower priced ones. I keep looking at things like CMGI, RHAT and others of that ilk that I've played before. But I have a hard time seeing doubles out of them...greedy guy that I am. The risk, has to fit the reward IMO.

To: Katie Kommando who wrote (42628)	4/12/2000 2:21:00 AM
From: TraderGreg	Read Replies (1) \| Respond to of 150070

You might want to look at AMMB, also trading at near 52 wk/all-time low. It probably isn't worthy of GL status yet, but it is trading at around 10% of book value and under 20% of TANGIBLE Book Value. A mortgage company that has come on hard times of late, it has been liquidating non/poorly performing elements at nearly 100% of balance sheet value(exclusive of good will). It has plans to concentrate on commercial finance. The threadsters on Yahoo are split of course into three camps--liquidation, as in fire sale, is one group; targetted deleveraging to clean up balance sheet for the future is the second group; and grooming itself to be acquired is the third group. Most of the posts on the Yahoo thread are o/t or negative/cynical, but some information can be gleened. Latest research report from Freedman Billings says stock can be worth as much as $3.50 to an acquirer. This was glumly reported, as hopes had been for it to go off at $7. AMMB currently trades at 1 1/32 x 1 1/16. As bankruptcy is highly unlikely, downside from here is minimal. TG

To: Katie Kommando who wrote (42628)	4/12/2000 9:11:00 AM
From: StocksDATsoar	Respond to of 150070

I cannot believe CHRM is trading at $4.00. Read the bold print. S.W. Lam, Inc. Announces Intent to Apply for Listing on NASDAQ HONG KONG, Apr 11, 2000 (BUSINESS WIRE) -- S.W. Lam Inc. (the "Company") (OTCBB:CHRM) today announced that it intends to file an application for the listing of its common stock on NASDAQ. The Company's subsidiary, Hang Fung Gold Technology Limited is already listed and trades on the Hong Kong Stock Exchange. The Company has experienced strong growth in recent years with revenues anticipated to exceed $100 million for the fiscal year ended March 31, 2000, rising from $40 million in fiscal 1999. During the same period, assets have grown from $45 million to over $90 million and shareholders' equity has grown from $14 million to over $25 million, or approximately $2.00 per common share. For the nine months ended December 31, 1999, the Company's revenues were nearly equal to the revenues of the entire prior fiscal year. The Company anticipates that its growth will continue as it adds additional distribution channels and continues the development of its e-commerce business. S.W. Lam Inc., through its subsidiaries, is engaged in the design, manufacture, and marketing of a broad range of gold products, other precious metal products, and jewelry products to customers in Hong Kong, the Peoples Republic of China, and other parts of the world. The Company's headquarters are located in Hong Kong. The foregoing discussion contains forward looking statements which are based on current expectations. Actual results, including the approval of the Company's NASDAQ listing application and the timing thereof, the actual revenues to be reported for the fiscal year ended March 2000, and the ability to continue to grow revenues and operating income, may differ materially due to the risks and uncertainties beyond the Company's control. Distributed via COMTEX. Copyright (C) 2000 Business Wire. All rights reserved. -0- CONTACT: S.W. Lam Inc., Salt Lake City Brad Barton, 877/898-5667 bbarton@bitcorp.net KEYWORD: NEW YORK INTERNATIONAL ASIA PACIFIC INDUSTRY KEYWORD: ADVERTISING/MARKETING MANUFACTURING MINING/METALS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com