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Microcap & Penny Stocks : TASA. Can someone with KNOWLEDGE help!!!! -- Ignore unavailable to you. Want to Upgrade?


To: Bob Davis who wrote (171)2/11/1998 10:08:00 PM
From: csm  Read Replies (1) | Respond to of 601
 
Bob,

Thanks for the explanation. As soon as I have some time I'll take a careful look at the 10-K. In the meantime, I had the impression that TASA's earnings for the last Q, excluding the extraordinary items (goodwill and bad debt) were about $0.03. If this is right, and the company is growing, wouldn't we expect '98 earnings closer to 10 cents than 5?

Sorry to keep poking at this but it makes the difference between TASA being undervalued and fairly valued in my books, using a simplistic market multiple as a crude measure of value.

Thanks.

Stuart.