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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?

To: Naggrachi who wrote (1795)	3/26/1998 6:45:00 AM
From: steve goldman	Read Replies (1) \| Respond to of 1985

Reverse splits are a curious lot. I am split as to how they usually turn out. Companies with no interest usually pull back again, in this case, defeating the intentions of the split, go meet the 1 buck requirement. Companies that can generate interest, get fundamentals back on track, can often move higher. As stock moves back to the 2,3,4,5 buck range (albeit reversed split) it has a better "look" to it than one at 3/8 of a dollar. Afterall, if thecompany made $60,000 on 100 million shares, they still turn a profit on 500 million shares, instead of 1 pence per share, 1/5 pence per share. who knows? this stock has potential. I think they have figured out how to control costs and be profitable, which tome, is the most important. Now if the hard drive industry recovers at all, I think this crappy little stock will be a performer. After all, you are within 3/8 of you max loss. I always like to run a risk reward ratio. ie...MRK at 130..if all goes well, 10 on upside in next 2 months, if all goes badly, 40 on downside, doesnt work. JTS...Lets say you use the same adjective: things for JTS goes very poorly, where is it going? 1/4, 1/8, 0..I'll give you zero, 3/8 on the downside. If things go very well (using same adjective) the stock has a 3,4,5,6 buck upside, more?, less? 3 a fair number (although I think it has more than that if they can ramp OEM rev in next q now with efficient operations). With 3/8 max loss and a possible 3 on the upsdie, this stock as like a 1:6 risk reward. Thats something I like biting on. Again, you buy this stock, be fully prepared and willing to see it at zero. Regards, Steve@yamner.com