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Microcap & Penny Stocks : Syncronys Softcorp (SYCR) -- Ignore unavailable to you. Want to Upgrade?


To: Garfield who wrote (22837)11/27/1997 2:01:00 PM
From: Sye Walsh  Respond to of 30240
 
Happy Turkey all,
Sye



To: Garfield who wrote (22837)11/29/1997 1:11:00 AM
From: Kashish King  Read Replies (1) | Respond to of 30240
 
Assuming those numbers are correct that's about $12,000 per day and if they can sell product at that rate and those prices for 365 days straight without any product returns whatsoever, they will break 4 million in revenue for the year. If those rosy conditions hold, you are looking at a money-losing company with a book value of minus 20 cents and trading at 10 times annual revenues versus a more typical 1 to 1.5 times annual revenues. The only thing sweet is the premium being paid for these shares and I would expect them to retest the 52 week low. What is the 52 week low anyway? Oh, that's right, 0.02 per share.