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To: chaz who wrote (6527)12/18/1998 12:55:00 PM
From: Hank  Read Replies (1) | Respond to of 7111
 
"Will we get a three bagger from here? A fiver? Suppose earnings double and we get a 20 PE. That would give us a six-bagger. Who's willing to wait five years for that?"

WHAATTTT????? Most legitimate long term investors would kill for a 600% ROI within five years. That's the most absurd comment you've ever made Chaz. Do you think Warren Buffet or Peter Lynch would frown on the prospects of having to wait five years such a return? Jeez, man. Get your objectives straight. This is either a 5 minute or a five year stock. You can't count on the in between.

Hank



To: chaz who wrote (6527)12/18/1998 8:31:00 PM
From: Ron Harvey  Respond to of 7111
 
<<Only when Pickup and Management together decide to move the price will we see some real action.>>

I've seen this notion before on other boards, the suggestion that the price of a stock is a function of upper management will and decision. I know execs in several different Nasdaq companies who are, because of options, highly motivated to get the stock price up. But short of risking jail time it's not nearly as easy as message-board folks imply. No company management can change the larger context in which they operate, from attitudes about small caps in general to expectations re a specific industry to perceptions about manufacturing in China to the imputation of U.S. taxes (despite the seeming irrelevancy) when determining a stock's market value to a number of other things utterly beyond the control of a company. The best a company can do is to grow earnings and communicate that positive news without seeming to be stock-price hucksters. Beyond that, they can eschew dilution and seek further growth opportunities. The rest is up to the often inexplicable trading vagaries of the stock market.