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


To: Brad who wrote (49872)6/6/2000 12:23:00 PM
From: Tom Allinder  Read Replies (4) | Respond to of 150070
 
JLNY... got to keep crunching the numbers but this is part of the story:

Book value listed at 1.41
$9M in revenues last quarter... $48M in revenues for last nine months... and yet there are only 3.97M shares outstanding and 2.2M in the float... AND... the company was re-purchasing shares last year (99)...

Additionally... 52 week high $3... low .19

Had to re-state earnings and was de-listed off NASDAQ on 2 Feb 2000....

Seems like this stock took too big of a beating over this.

Tom