To: seahorse who wrote (21811 ) 6/7/2000 5:14:00 PM From: im a survivor Read Replies (1) | Respond to
<<I think the fact that it really doesn't have any earnings puts it in a different category in this particular market. I hope that it does come back, and soon, but I'm afraid the climb back will be more difficult than the others you mentioned.prior to them earning any money. Now, does that mean we blindly run out and buy a bunch of obscure stocks with no earnings? No, of course not. I hope we dont blindly rush out and do anything. The key is finding these companies prior to them having huge success and getting on board. In my humble opinion, I think IARC is a company, as you said, with low earnings to date, but the potential for a near term explosion in earnings. Heck, I think they reported like a half mil in revenue last quarter, yet they have recently signed several multi million dollar contracts, and are just now getting started. BG ( CEO ) stated he expected to be profitable within a year. That means an awful big explosion in earnings. Anyway, this is all my opinion and I guess time will tell. there certainly are no guarantee's. With companies like IARC we are certainly taking more risk then running out and buying qcom or msft ( maybe those arent the best two examples right now <ggg> ), but the reward can turn out to be substantial if we hit paydirt.
