Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : EXSO -- Consolidated Eco-Systems (Exsorbet Industries) -- Ignore unavailable to you. Want to Upgrade?

To: WEBNATURAL who wrote (3898)	3/12/1998 6:51:00 AM
From: ChrisJP	Read Replies (1) \| Respond to of 5015

Dear Trader Dan, These a just my thoughts, others on the thread may have a different opinion. The big variable/unknown is how much will they report they made ? Last quarter, under dismal conditions (i.e. VERY low revenue), EXSO was still able to report a profit of $260,000. Based on Chip Sexton's upbeat assessment and his report of new business, let's say EXSO earns $500,000 for the 4th quarter on $7.5M (vs. $6.8M last quarter). Increases profits on increased earnings with upbeat forward looking statements signals a turnaround. This will bring long term investors back into the stock. $500,000 in profits on 50M shares = .01 for the quarter. Even if they just hold steady, this will equate to forward earnings of .04/share/year. Not bad for a .10 stock !!!! So how much does the market usually pay for a stock which earns .04/year ? I say with a PE of 15:1 the answer is .60. Chip thinks if all goes well, EXSO stock will be at $1 in a year. This leads me to believe that they have won some contracts whose revenues will not yet show up in this quarter's report. Chip said that they plan to disclose this info when they announce earnings presumably to enforce the fact that their turnaround is in full force. Regards, Chris