Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : BLHG, Fast Track Growth in China -- Ignore unavailable to you. Want to Upgrade?

To: Andreas who wrote (1263)	7/18/1998 7:42:00 PM
From: Shorty Long	Respond to of 4080

Yep, Andreas... I am with you. I think the first press release was most unfortunate, however, I did not fully buy into Beacon Light on the bases of the prospective $50 mil in PO's. I used the following rationale: If the company does only half of the projected business, that is .40 eps, or about $6-8.00 a share. If the company only does 25% of the projected, that is .20 eps, or about $3-4.00 a share. On that premise, do I make 400% return in a year, at least, yes...so I buy a few thousand shares. I bought in because I believed the company had a reasonable chance at making at least .20 eps. I STILL THINK THAT TO BE TRUE!!! I believe that the company has some house cleaning to do. That is not unusual for a start up company, however, they have done more things right by far than they have done wrong. I will see it through for a while... January. Shorty