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.

Technology Stocks : AER Energy Resources (AERN) -- Ignore unavailable to you. Want to Upgrade?

To: Chris Wilkinson who wrote (453)	10/23/1997 10:35:00 PM
From: Alan C. Zezula	Respond to of 621

Well Chris we should know in 5.13 quarters one way or the other as AERN is bleeding at $2.387 million per quarter with $12.25 million cash and cash equivalents. Al

To: Chris Wilkinson who wrote (453)	10/28/1997 1:17:00 AM
From: Glenn Woodruff	Read Replies (1) \| Respond to of 621

Chris: Why isn't this stock at 2 or 3 cents a share? If the company has a market value of $50 million (25 million shares or so, at $2 each or so), and an annual sales rate of $328,000 that's a MV/Sales ratio of something like 152X. Somehow, that seems steep to me compared to an Intel, Microsoft, Hewlett-Packard, or Motorola: proven performers. Okay, maybe twice sales; maybe four times sales, maybe a tad more, but 152 times sales??? What's the underlying value here? Why isn't this stock selling for 2 or 3 cents a share? Haven't they spent $50 million in the past 8 years with nothing to show for it? Am I missing something? Have they secretly out-classed lithium-ion batteries? And if so, where are the sales and profits. AER is a company, isn't it?