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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?

To: Dave Gore who wrote (11406)	8/16/2002 4:17:52 PM
From: Dave Gore	Read Replies (1) \| Respond to of 16631

FWIW ------ Converstion with AKLM I/R minutes ago. I just spoke to Greg Cross (sp?) in Investor Relations. He couldn't speculate on anything, but he did say the following: Company is standing behind their last C.C. numbers of 14 cents EPS this quarter and 39 cents for their FISCAL year ending this month. They also stated rather strong EPS growth next year of 67 cents (i.e. about 75% growth). That of course would be a PE of 2+, if they could do that, far less than ERTS PE of 56. (granted ERTS is a more favorable company but the gap seems a little wide as AKLM ought to sport a PE of at least 10-15, one would think) There are no valid reasons for the stock price being this low. They have not told analysts anything of a negtive nature that might account for it. TV advertising for Turok is scheduled to begin end of August No convertibles or any other nasty skeletons. I didn't think so from my research but thought I'd ask. BTW - I strongly suggested that they come out with a PR doing two things, namely a stock buyback and certifying financials even though they are not required to. I think the stock price will begin to turn around right away. This isn't trading on fundamentals but at some point it will. I think nearly everyone knows this is way undervalued, it's just a matter of gaining confidence like ACF had to. PS- He agreed and I ask him to pass that message along to management. He said he would.