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Microcap & Penny Stocks : Cetek Technologies (CTKT) -- Ignore unavailable to you. Want to Upgrade?


To: Ignatz who wrote (133)3/9/1999 5:57:00 PM
From: Lazarus  Read Replies (3) | Respond to of 584
 
>>>That's the fun part about investing in OTC:BB stocks, getting any sort of decent financial statements worth a damn.<<<

Well here is a NAsDAQ stock ... that IPO'd at 18 bucks now at 50.00+

COVAD

and look at this from the profile:

For the nine months ended 9/98, revenues totalled $2.6 million, up from $0. Net loss totalled $28.3 million, up from $1.1 million.

read it again -- revenues of 2.6 million with losses 10 friggin times that.

Some companies are loosing $ big time ... or are bass ackwards on the balance sheet...but they are still good investments.

Lazarus - of course some loosers are just plain loosers...are you willing to say that CETEK is a looser?