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Microcap & Penny Stocks : Stocks that should be investigated by SEC -- Ignore unavailable to you. Want to Upgrade?


To: Mama Bear who wrote (110)8/11/1998 10:12:00 AM
From: David Wise  Read Replies (1) | Respond to of 167
 
Barbara, now suppose Osicom sales, currently around $100 million, pick up with their new, higher margin products to about $140M and they post a fair profit in the near future of only about $14M. That's almost $2.00 per share. With that kind of improvement they should have at least a P/E of 20, for a stock price of no less than $40.00.

Then will you be posting that you were wrong again, this time in the other direction?

With this stock picking methodology you'd be in stocks before they go down and short before they go up. Doesn't sound like a strategy I want to follow.



To: Mama Bear who wrote (110)8/11/1998 10:18:00 AM
From: David Wise  Read Replies (1) | Respond to of 167
 
Regarding the share price decline for Osicom, remember that a lot of technology stocks suffer this swing. Shiva, for example, was over $70 and is now somewhere around $6 - $7, Ditto for Iomega and dozens more.

What I protest is shorters coming on saying that the company "should be investigated by the SEC". Especially when not revealing their true intent as a shorter, and their long history of shorting the stock. Give evidence, or get off!