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Pastimes : Thread Morons -- Ignore unavailable to you. Want to Upgrade?


To: Tom C who wrote (10744)7/27/2002 6:54:50 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 12810
 
Hi Tom,

Yeah, I suppose... But, he does have a point, albeit anecdotal at best. I don't think SUNW is going to go the way of the mastodons (bloated, and belly-up), but they're not likely to be posting any out-sized gains any time soon either. What he fails to note in his post is the flip side of the coin for these penny stocks (yes, at 3.78, SUNW is "officially" a penny stock); which is that a few pennies to the plus side can be a significant percentage gain. Should stocks revert to the mean annual gains, then SUNW would be looking at 37 or 38 cents in a whole year as "meeting expectations"... It's a tough market these days... <g>

KJC