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Microcap & Penny Stocks : Looking for a Bounce -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ who wrote (1503)7/2/2000 7:06:47 PM
From: ChrisJP  Read Replies (1) | Respond to of 1734
 
Welllllll Susie,

If I had somehow managed to bump into this martial arts, stock trading mom I know, then maybe I would have disobeyed your orders ....... but only enough to see if I could make her laugh just as she was sipping on her drink. :-)

NTWK .... jeez, at first I thought you were refering to VNWK ... again.

Look at this:

thestreet.com

biz.yahoo.com

The company only has $4.8 million in sales for 9 months yet at $35/share, has a market cap of $371M. Yikes ! That's a price/sales of about 60 ! Compare that with AMZN which has a price to sales of about 7. Pretty scary, IMO.

All I can say is ... maybe you should short this one.

I got to spend 2 days in a row in sunshine ! The Jersey Shore is about 75 degrees, sunny, and dry right now. Kinda glad tomorrow is a short market day. I'll get to do the beach and boardwalk thing. Listened to my Bruce Springsteen bootlegs tapes on the way up ... recorded on July 5, 1985 (in England) and July 6, 1988 (in Stockholm) to get me in the mood. lol

Chris