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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?

To: franco who wrote (553)	11/16/1997 11:46:00 PM
From: Steven Durrington	Read Replies (2) \| Respond to of 11708

Morning All, Yes Franco, I'm familiar with Fosters Beer (that's the cheap crap we sell overseas for export dollars, whilst native Australians drink the good stuff at home). Unfortunately, we don't seem to get too many beer commercials in Saudi Arabia, seeing that alcohol is illegal, so I don't get the reference, sorry. I'm not sure I'd go along with a 50 PE ratio estimate, and I'm concerned that this may overly raise expectations of some investors, especially if a few bucks in earnings are expected with some of the upcoming news and developments in the next few months. I know what you're getting at about start up operations with a PE that reduces as growth kicks in and potential is reached, but some people may misinterpret this I think. I'm very positive about CSMA, but don't wish to see hyping and unrealistic expectations. Carol is right, I think. we're holding well in the face of profit taking (can you blame people for cashing in at over 100% ?) and momentum, as well as some potentially strong fundamentals, make this quite the unusual BB stock. I'm in for the long run. Regards, Durro