To: on parole who wrote (1394 ) 3/26/1999 11:24:00 AM From: THOMAS GOODRICH Read Replies (3) | Respond to of 2347
BUY recommendation on USXP from Stock Alert: Attention: Stock Alert Subscribers Universal Express (OTC BB: USXP) Another excellent news release today! Check it at: biz.yahoo.com We believe this stock is extremely undervalued at the current price level of 5/8 (63 cents). There are only 3.2 million shares outstanding. USXP is comfortable that this year's gross revenues will approximate $17 million with net earnings being about $1.4 million. This equates to an EPS (earnings per share) of 40 cents+. Using a conservative PE (price earnings ratio) of 12x we get a "near term" price objective of $5.00 per share. ("near term" = 6 to 12 months). Longer term we are looking for a much higher stock price. See the recent research report at:wallstreetresearch.net . We believe there is massive accumulation going on at these levels and we also suspect there has been some major "shorting". Last week on the day of the "PUNK" announcement, the volume was just under one million shares! We think the shorts will soon be scampering to cover as this Company continues to add good long term shareholders and the stock is becoming in much shorter supply! Short covering, of course, is very positive, particularly with a lesser and lesser supply! Good luck with all of your investments! DISCLAIMER ==================================================================== Wall Street Research Group cannot and does not warrant the completeness, accuracy, merchant ability, or fitness of the news, information, or entertainment content found herein for any particular purpose. Further, you agree that Wall Street Research Group shall not be held liable to anyone for any loss or injury resulting from the direct or indirect use of Wall Street Research Report. This includes, but is not limited to, loss or injury caused in whole or in part by its negligence or by contingencies beyond its control in procuring, compiling, interpreting, reporting or delivering any portion of Wall Street Research Report. You agree that you bear responsibility for your own investment research and investment decisions, and that Wall Street Research Group shall not be liable for any decision made or action taken by you or others based upon reliance on news, information, or any material published by Wall Street Research Group. All information provided in Wall Street Research Report is to be used on an "as is, with all faults" basis. Wall Street Research Group relies on various sources of information that we believe to be accurate and reliable. However, Wall Street Research Group makes no claims or representations with regard to the accuracy, completeness, or truth of any material contained herein. TO UNSUBSCRIBE ==================================================================== If you have received this e-mail in error, or would otherwise like to be removed from our mailing list, please reply to this message with the word REMOVE or UNSUBSCRIBE in the subject and include your e-mail address in the text of your reply.