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Technology Stocks : Optical Cable Corporation - OCCF -- Ignore unavailable to you. Want to Upgrade?

To: George8 who wrote (413)1/24/2003 7:02:09 AM
From: ChrisJP  Respond to of 449
 
Hi George,

I think the $3M was well spent too. Now no one has to worry about 1.5M shares being dumped on the market. It also increases the % ownership per share.

Price to sales is an Internet-bubble measurement. Stick with price to earnings. If you like the company, call them up and ask how they came up with the $3M to buy the shares and what effect will paying back the $3M have on their quarterly bottom line.

Thanks,
Chris



To: George8 who wrote (413)5/7/2003 6:56:53 AM
From: ChrisJP  Read Replies (1) | Respond to of 449
 
Looks like in about a month, OCCF could be trading near or above its 52 week high.

finance.yahoo.com

But then again, $5 looks like it could be resistance. It looks like they will be reporting earings on or before June 15th. Also, looks like the Pres. did some buying in March.

biz.yahoo.com

I think I bought 1000 shares last month for about $4.60, lol.

Chris


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