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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: George Burdell who wrote (35617)9/20/2000 6:31:40 PM
From: Rande Is  Read Replies (4) | Respond to of 57584
 
Yeah, ENGA up sharply in AH. MMPT still in the pits. Yes I still like MMPT and added today down near 5 5/8, if you can imagine. . . another all time low. I can't wait to load up under $5! Can you imagine?. . .MMPT started the year at $32 and hit a high of $56. . .and is now selling in the $5's. . . .with a 140 million dollar market capitalization. . For the six months ended 6/30/00, revenues totaled $61.4 million, up from $28.4 million. That extends out to $122 in yearly revenue. . . yet the market cap is still $140 mil. . .which gives MMPT a Price to Sales ratio of just over 1!

And to top it off. . . today MMPT had news:
With iSKY:
biz.yahoo.com
Tops in Brazil:
biz.yahoo.com

Most recent quarterly:
biz.yahoo.com

The CFO took a job somewhere else about 2 months ago and I would think that when MMPT announces a new CFO, it could get a nice short-covering pop. Talk about an overshorted stock. This one is about as thin as I've seen.

Rande Is