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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 (5071)	6/12/1998 12:17:00 AM
From: Baghul	Respond to of 25711

Another one that is extremely undervalued and had a valid breakout today is ESMC another medical company ESMC develops, markets and distributes ophthalmic medical devices and pharmaceuticals. For the quarter ending 12/97, revenues rose 6% to $2.9 million. Net income totalled $51 thousand vs. a loss of $927 thousand. Oustanding shares 2.7 M Floating shares 1.4 M Book Value 1.48 Price 1.16 P/Book = 0.7! P/Sales = 0.48! I wouldn't be too hard to go through the float on this one Here is some latest news biz.yahoo.com