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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: Mark B. Martell, CCM who wrote (2315)	8/11/1998 1:36:00 PM
From: Ron Harvey	Read Replies (2) \| Respond to of 4230

<< I'd take that kind of return with a low risk. . . debt-free company exceeding earnings expectations.>> I own bunches of this stock, but I consider it to be high opportunity and high risk. The stock price over the past several weeks tells us something about the risk. Skeptical investor that I am, I do wonder about GW picking up a profitable company with 5MM in revenues for a mere 300K (that's peanuts). From the tiny bit of info. in the press release, it would seem like an impressive bargain. But there's no free rides in business. I want to know the catch. Is the company loaded with debt? And is today's trading reflecting negatives of the deal that we don't yet know about or generally ugly market conditions combined with the dropping peso and fears of Mexico getting economically knocked about because of increasingly serious Asian problems? Meanwhile the stock has considerable downside momentum, and I certainly don't think it's over yet.