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Biotech / Medical : Labwire Inc. -- Ignore unavailable to you. Want to Upgrade?

To: creede who wrote (1412)	1/6/2009 10:49:29 AM
From: rogerover	Read Replies (1) \| Respond to of 1698

Maybe a PE of 10 is low. I don't have a list of tickers, or the time or inclination to run a search, but I've seen more than a few small companies with PE's of 5-8. Some of the guys in the Microcap Kitchen can probably rattle off a few off the tops of their heads. Usually these profitable and undervalued companies do boring stuff, like construction. With OTC-BB stocks, as you know, there's generally minimal interest from institutions or other large investors, so the only audience is small investors, and most small investors don't buy a stock unless they're excited about what the company does. LBWR is borrrriinnnggg. I don't disagree with you about the benefits of keeping overhead low, etc. The only problem is that if these big customers of theirs know that their cost of a test is "x", why would they willingly pay "2x" or even "1-1/2x"? Why won't there be constant pressure from their customers to slice their margins? It's not like the federal government where there's a price schedule that must be adhered to.