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


To: TraderGreg who wrote (5954)3/21/1998 5:20:00 AM
From: Steven Durrington  Read Replies (3) | Respond to of 11708
 
TG,

Correct me if I'm wrong here, but the issue of the financials is not so
much to do with the actual numbers, but is more concerned with the reporting
process itself and the implications for Nasdaq listing (and avoiding pink sheet
relegation), as well as PR considerations.

The long awaited "fundamentals" from late last year should show a modest
return to profit, and nothing earth shattering with regard to $$$'s. Well, not
for that quarter. Future quarters might be very different. It would go
a long way to upgrade CSMA's public perception though, and hopefully,
will provide a needed boost in share price.

Comments/Corrections ?

Durro

P.S. Brigham Young ??? Sorry, I don't follow.



To: TraderGreg who wrote (5954)3/26/1998 4:39:00 PM
From: John Crovelli  Read Replies (1) | Respond to of 11708
 
Greg, has anyone explained why, if CSMA has audited financials, they have not done their SEC filings yet? Just curious if anyone has asked this question before. I have been scanning thread history and cannot find any discussion. Of course if they were fully reporting, the stock would be much more attractive.

But overriding this is the potential EPS if they get that Utah site cranked up to reasonable capacity (and profitability).

Time will tell. Closed on an up tick today. It appears the daytraders departed and now we may have a new base around .80.

John