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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: RBM who wrote (1413)8/25/1998 6:58:00 AM
From: tonto  Respond to of 26163
 
If this is real... you make an excellent point.

I hope the squeeze is as the fundamentals to date are very poor. This is a squeeze play at this level no doubt about it. Squeeze plays can be dangerous, especially with penny stocks as witnessed by supposed squeeze plays at RMIL and TVSI that were promoted by some familiar faces.

I also tend to disagree with posts that make comparisons to more established companies, as I find it absurd. KTEL for example has:

KTEL markets and distributes consumer entertainment and convenience products through retail stores and by direct response marketing. KTEL products include albums, compact discs, cassettes, housewares and automotive accessories and other devices. For the nine months ended 3/31/98, sales rose 26% to $64.8 million. Net income decreased 78% to $693 thousand. Revenues reflect increased music and consumer product sales. Net income was offset by an increased cost of goods
sold.

More from Market Guide: Highlights -Performance

Statistics at a Glance -- KTEL
Last Updated: Aug 24, 1998

Price and Volume
(updated Aug 24, 1998)
52-Week Low
$2.813
Recent Price
$8.563
52-Week High
$39.469
Beta
0.28
Daily Volume
(3-month avg)
1.15M
Share-Related Items
Market
Capitalization
$65.3M
Shares
Outstanding
7.63M
Float
1.80M

AZNT already has a higher market cap than does KTEL today, and KTEL has less shares outstanding. KTEL also had a sales history which is in a different league than this penny company. KTEL is a nice pitch though...

AZNT may very well go higher, that is what all of us get to observe.