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Microcap & Penny Stocks : Trim a Lawn - (TLWN) -- Ignore unavailable to you. Want to Upgrade?


To: SusieQ who wrote (393)3/20/1999 4:54:00 PM
From: jmt  Read Replies (5) | Respond to of 1522
 
Can we step back and get real here for a minute?

Amy did a great job of desiminating information from the company. The company hopes to earn 3 cents this year. Anything else is a forecast based upon the seasonal revenues (which the next 2 quarters will determine) and a potential acquisition, of which the contribution may be included in the forward EPS projections. The projections were done by management, and may be optimistic. The company has no cash (has anyone noticed) and will be dilluting eps through the acquisition (profitability and positive cash flow does not consider purchase price or return on investment), the question is if the acquisition is dillutive or accretive, and since it is not done yet and the price is not known, the return on investment (your equity) is not known. The concept of smoothing revenue is sound. As long as the price is right.

If the company can execute, and the product is sound, the price should rise. I believe the product is a great idea as an alternative to a heavy mower for supplimental trim work, and should sell well to those looking for a second mower, something light and manuverable. But it has to be priced right, as I have recently seen 20 inch models for just a bit over $100.

The price will hopefully move up. But IMO not at the pace some have recently suggested.

jmt