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

To: myturn who wrote (45319)	5/1/2000 1:30:00 PM
From: Brad	Read Replies (1) \| Respond to of 150070

RG (and ALL), Take a look at the Technical Analysis and the Growth of JLNY. Compare it to its industry. Very interesting to me at this price range. Price: $0.50 Outstanding: 3.98 million Annual Revenues: $68.8 million biz.yahoo.com Growth Rate (TTM): 21% yahoo.marketguide.com Current Ratio looks good. Debt/Equity Ratio looks good. Price to Sales (TTM): 0.02 vs Industry 0.87 Sales (TTM) vs TTM 1 Yr. Ago: 32.24 vs Industry 24.50 Inventory Turnover (TTM): 6.05 vs Industry 3.86 They aren't very far away from profitability and if they accomplish what they said they were doing in the 10-Q, it could be really good, in my opinion. Their 10-Q says they're eliminating "certain under-performing sales groups," and "streamlining of internal operations and procedures. The result to date has been a decrease of approximately 20% of fixed operating expenses." As I see it, if they get their operating expenses down around 17% (like it was before), they could have about a 3-4% operating profit. At just a 3.5% operating profit (which is only half of the 7% they had before), JLNY could have an EPS of over $0.60 in an industry with an average current EPS multiple of about 17. That would put JLNY at a valuation of around $10.00 a share. Total Shareholders' Equity is $5,609,539. It looks to me like they meet all the requirements for NASDAQ listing except share price. The 10-Q also says that their cash resources should be sufficient to support the Company's operations for at least the next 12 months. And the company has bought back about 400,000 shares. Their JLNY sales group, the catalog sales group and its children's sales group (TLC for Kidz) are apparently performing pretty well. If this is a turnaround in progress, I wonder if we could see the per share price for JLNY up around the $10 to $12 range like it was 2 years ago. What do you think?