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Microcap & Penny Stocks : JAWS;A P/E of 2 with 150%/yr Erngs Growth!! -- Ignore unavailable to you. Want to Upgrade?


To: Victor Lazlo who wrote (2182)7/23/1998 1:21:00 AM
From: Zeus549  Read Replies (1) | Respond to of 4230
 
Victor, You are absolutely right. Sometimes the only thing that matters is investors perception. Of course the corollary to this is that it is also self-correcting over time, once the real facts are known. Guess what, as Pistol pointed out, TGSK sells PWC's only in Mexico. Also it only amounts to about 4% or less of total sales.So if investors want to ignore this and go by errant perceptions, it could conceivably hold the stock price back a bit.. But somehow fundamentals and facts generally have a way of winning the war over the long run. Wait until the next good sized correction in the market and see where the highflying internet stocks go (if not before). There's a correction of perception that will be a rude awakening. Some of those puppies are going to take a huge shellacking.