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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: del clark who wrote (2949)9/27/1998 7:25:00 PM
From: sammaster  Read Replies (1) | Respond to of 4230
 
brief summary

JAWS is a distributor of recreational boats and vehicles in southern USA, latin america, and the caribbean who have eps of .24 in first 6 months of this year....

it have been shown by filing that 1 man on the yahoo board owns 2.8 million shares in a float of 2.9 million....
kennedy capital...a fund....also is known to have 700k shares
an investor site also has unofficial shares of 4.9 million

so there is lots of evidence of a short in this stock....and numerous people are calling for certs....

and there is no way for the shorts to get out besides a buyin because there is no pending dilution...the man who owns 2.8 million shares financed the closing of a possible dilutive loan....it is the general thought that the shorters hoped the converible loan to go through so they could cover, but the deal was closed and now they may be stuck....

there are also opinions that schwab has customers that own a total of 5mil shares in this 2.9 mil float company.....and that they and other brokers have received many cert calls and that they may be having a difficult time finding certs...

another issue is the SEC investigation....which was asked for by the company itself!!!!
JAWS management asked legislator(phil graham) to contact sec at their behest...which he did...to investigate bashing of their company and also a possible shorting activity....which is of course illegal in bb stocks....sec is investigating newletters pertaining to jaws also

what makes this such a great investment is that JAWS is 1/3 of fair market value with a growth rate of over 50% and a p/e of about 8...
current price around 2.75

samir