Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ccam -- Ignore unavailable to you. Want to Upgrade?

To: Alfred W. Post who wrote (61)	2/19/2002 12:36:27 PM
From: Crossy	Respond to of 85

Hi Fred, cat and all watchers of CCAM.. Looks like we finally "made the grade" if it takes to post a succesful year for the start. Now $1.70 is not expensive at all. With FY2001 EPS of 0.27 this amounts to a TTM-based PE ratio of 6.30. What is more, Price/Sales is still rock bottom, around 0.27. Way too low for industry standard valuations (PE 20, PSR of 1,5-2,0) What I like is that not even the KMART Chapter 11 is able to have a negative impact on CCAM's ability to post a great year. The next "developments" I'll be gladly awaiting at CCAM is their move off the OTC/BB. A level of $3 looks attainable in a short amount of time and if my memory serves me correctly that $3 level is what it takes to get listed at the AMEX without "bending the rules" (happens occasionally). Anyway, I'm glad to be in consumer non-cyclics this time. Another stock I recently entered a position is also in this category - called Aurora Foods (NYSE: AOR). It's post chapter11 and if it weren't for those typical "goodwill charges" that you have in all those post Chapter 11 situations they would already have been profitable in FY2001. This time (current quarter due next week)however it looks like they got profitable even with those charges best wishes CROSSY