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


To: lewis wireman who wrote (3894)12/18/1997 11:08:00 PM
From: jan_mike  Read Replies (1) | Respond to of 11708
 
Lewis - keep in mind I'm just trying out the other side here, but that yardstick only has validity based on past performance. To say cowboy stinkies sold x number this year and did well in the trade show and we think will sell x + 10% is a valid yardstick. Chicken fat wells that aren't approved, gas wells that aren't drilled etc aint's worth poop on Wall Street. The price fluctuations sort of support this rambling.
If Chicken fat gets approval, we have more basis. If chicken fat starts running and posts some numbers we're off and running. Mortgage money looks like a quicker bet to the bottom line now. If chicken fat looks like it will work in Texas and other places too, the potential is incredible.

Obviously I'd be just as happy to come support your view, and my money already has. Valuation is somewhat subjective, unless you are applying for a loan, I guess. My CSMA investment has caused me to pay closer attention to the difference between what is and what might be.

Hoping for more good news soon,
Mike