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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: GARY P GROBBEL who wrote (3899)8/28/2003 2:36:57 AM
From: rjm2  Read Replies (1) | Respond to of 37387
 
EGAM

I thought the 16 cents was sustainable and the earlier year was from the change. The key will be growing on top of the 16 cents.

But even if they just stay at 16 cents, wont the stock be worth 5 times earnings ? Thats 80 cents.

Im not so sure the higher price points will do all that well. At least they dont have them at walmart and likely wont. $19.95 IS PREMIUM, not value.

Frankly, I thought the stock would react more favorably than it has.
A big potential diluation issue was resolved months ago when they bought back all the warrants they gave the banks for $50,000.