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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?


To: Kurt N who wrote (3130)6/5/1998 9:02:00 AM
From: Vegas  Respond to of 9440
 

<<The moment a company turns a profit, doesn't mean that it's price immediately goes up [unless it is in a hot/dynamic sector] to the point where it meets Nasdaq listing criteria. >>

No. There are quite a few pennies that have positive earnings. Problem is some are not reporting or some the revenues are to low to support higher prices. INNI, for example, is profitable (actual break even this quarter) and trades for .30 as it only has revs of about 500K last quarter.

JF