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Microcap & Penny Stocks : Synergy Brands-SYBR (was KRAN) -- Ignore unavailable to you. Want to Upgrade?


To: Jim Spitz who wrote (584)11/10/1997 2:07:00 PM
From: KEVIN BERGER  Respond to of 1026
 
I thought they sold squid here....They get the squid from china.. As for the price it seem to hit bottom at 2 1/16 and bounced back sharply to 2 3/8....Earnings seem to be right on track for the estimates given early this year...They forecasted earnings of 550,000 for 1997..If they have 1.6 million shares outstanding that would give them a eps of $.34 for the year...at a p/e of 10 we would have aprice of $3.40..at a p/e of 20 we would be at $6.80...Either way we are undervalued at current levels....I think we will be right back on track really soon..
This is all just the $.02 of a guy that has made over 200%, so I guess take it for what is worth ( which is probably only about $.02)..
God bless
kb
ps. we are currently at 2 1/2 and still climbing...151,000 shares



To: Jim Spitz who wrote (584)11/10/1997 2:30:00 PM
From: Patricia Meaney  Respond to of 1026
 
Jim,

Take a quick look at Kran's web site. At the bottom of the page click on "frozen seafood". This will give you all the info regarding the US distribution of squid and their agreement with the Chinese trading co. to finance.

-pm