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Microcap & Penny Stocks : U.S. Microbics {BUGS} - Environmental Augmentation -- Ignore unavailable to you. Want to Upgrade?


To: Sigmund who wrote (210)12/22/1998 12:46:00 AM
From: Ribre  Read Replies (2) | Respond to of 345
 
Far from ho-hum. The factory open and pumping out product means influx of revenue (at high profit margins) and a bridge to what seems to be an inevitable rise in the stock price.

Remember: the company is projecting a profit for fiscal '99 of 50 cents to a buck a share. Even if they do only 75 cents a share, at a modest P/E of 15, we're talking about an $11.25 stock in nine months.

And I have a feeling, based on this company's technology and list of gargantuan former clients, that the stock will go a lot higher than that.