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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Joe Copia who wrote (1179)4/24/1998 9:11:00 AM
From: RBB  Read Replies (1) | Respond to of 25711
 
PSEM (NASDAQ)- $0.60 Earnings, 60%Growth, Faster growth in mobile computing area. Closed at $9.25 on 04/23/98

Grossly undervalued.
Low float : 2.5 million
Recent IPO (October 1997)
Lot of block purchases in last few weeks.

Buy Recommendations:
CE Untrbrg Towbin - Strong Buy
Soundview : Buy

Sell Recommendations: None
Pericom Semiconductor Ranked 24th in Deloitte & Touche's Nationwide 'Technology Fast 500'
biz.yahoo.com

Founded in 1990, the company has shown substantial growth - the Deloitte & Touche ranking shows revenue has increased 8,605 percent from 1992 to 1996.

Lots of new products announced recently. Look at
biz.yahoo.com

Company Website:
pericom.com

Check Yahoo's profile @
biz.yahoo.com

Results were announced yeaterday (04/23/98)after the market closed:

biz.yahoo.com

3rd qtr 1998 revenues = $12.5 million (56% increase)
3rd qtr 1997 revenues = $8.0 million

First nine months revenue 1998 = $35.9 million (64% increase)
First nine months revenue 1997 = $21.9 million

3rd qtr 1998 earnings = $1.4 million (365% increase)
3rd qtr 1997 revenues = $0.3 million

First nine months earnings 1998 = $3.6 million (414% increase)
First nine months earnings 1997 = $0.7 million

3rd qtr 1998 earnings/share = $0.14(365% increase)
3rd qtr 1997 revenues = $0.04

First nine months earnings 1998 = $0.39 (414% increase)
First nine months earnings 1997 = $0.09



To: Joe Copia who wrote (1179)4/24/1998 12:06:00 PM
From: Kimberly Lee  Read Replies (2) | Respond to of 25711
 
Joe, please take a look at this and see what you think.

Big news for EWEB, float is only 3.4M

From Briefing.com
11:21 ET Euroweb International (EWEB) 2 9/32 +5/32: Company won the Postabank tender offer to provide Internet access to approximately 1300 of the customers and develop software to permit the bank to commence an electronic home banking operation using Internet technology. Postabank is the second largest bank in Hungary. Volume 330K.

1300 of big bank commercial customers -- that's very impressive for a penny stock.
Also, mms appear very short of shares. They tried to shake out twice but there were few sellers.