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


To: charles messick who wrote (5701)3/6/1998 12:31:00 PM
From: Richard L. Williams  Read Replies (1) | Respond to of 11708
 
Hi, Chuck!
CSMA looks like a screaming bargain at this point??????

I agree with you wholeheatedly--on the basis on the Classs V well alone, CSMA is way undervalued. Add in LPS, AdHatters and possible gas well revenues, this stock goes beyond a screaming buy to being ridiculously low in price.

That being said, it may not pop for some time. If you get in, patience will be required, while day traders and impatient folks run the price up and down.

Oh, and yeah...the lack of financials (Form 10) may be holding it back a bit, too. I guess you have read the discussion on that. For all my harping on that subject, I am long on CSMA, and adding when I can. Hopefully not on the next uptick next time. [ggg]

Happy hunting!

Rick



To: charles messick who wrote (5701)3/6/1998 12:52:00 PM
From: TraderGreg  Read Replies (1) | Respond to of 11708
 
CSMA looks like a screaming bargain at this point??????

Are the lowly BB stocks granted permission to use forward P/E. I thought those were only allowed for the Yahoos, Netscapes, AOLs... you know forward like the year 2005.
Remember, the .37 is revenues received(after commissions are paid). Don't know what the other misc LPS costs are but if you assume other operations cover LPS other non-commission costs, you get a forward P/E of .57/.37 = 1.54 for LPS only.

Let's see, that's about 8.4 million in profit for a company with a 13.0 million market cap. I guess that's worth taking a small position.

TG