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To: grover who wrote (526)	12/26/1997 5:06:00 PM
From: FARRIS	Respond to of 27968

Just for the heck of it... Generally a higher P/E is given to a company with a much higher growth rate, past and present, normally a younger, faster-moving company. The lower P/E goes to the more established, stready-growth company. If this company shows audited .20/share earnings, solid assets and a likely, high growth rate -- I think you will see a P/E much, much higher than 20, but that is mere speculation. Once it hits the Nasdaq (IF it hits the Nasdaq) you will see this really pan out. On the BB it may not show a P/E of 20 -- hard to say. I just wish they would hurry up and make a move upward -- the audited financials are the key to everything. Another smart move would be merging with another fast-mover who is on the Nasdaq already -- someone with similar goals and plans. Right now they are expanding, but if they could double their size and resources and cut back even further on expenses in a competitive industry... once again, mere speculation.