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Technology Stocks : HHHH - 4Health, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: KOVICH who wrote (13)	4/24/1998 2:27:00 AM
From: DarrenS	Respond to of 79

This stock looks like a good short candidate. It has had a good run this year and now is overvalued. If it spikes sell sell sell!. HHHH relies on one product for most of its revenues , and revenues from that product decreased approx 33% from 96 to 97 from $15 mill to $10 mil. It also relies heavily on its CEO and founder. It is a one man show. Also it is supposed to merge with Irwin Naturals which had sales of $17 mil in 97. Combined revenue in 97 was supposed to be approx. $30 mil. But 15 mil shares will join the float. That puts mark. cap. to be app $8 * 25 mil = $200 mil. Not bad for a company with $30 mil in sales and going through a consolidation period. This seems way out of wack. For sure this is a no brainer short at 13. It seems like this stock has been caught in the latest internet hype and that accounts for the price run up. I think the odds are against this stock in the short term. Anybody disagree?