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Re: chrisfromalbany post# 259

Wednesday, 01/09/2008 9:21:41 AM

Wednesday, January 09, 2008 9:21:41 AM

Post# of 2771
If an investor doesn't have any resources to take advantage of the drop, and owned the stock higher, I would agree it could be sad at this moment. Luckily some of us have powder to take advantage of the situation.

Bottom line. This is a new young company who will do some $23 million in sales this year and is already positive from a cash flow aspect. It is trading at .75 times revenues when its peers (including big companies) are trading around 3 times revenues. And is in a young industry group that is causing the old line conventional telecoms like ATT to see their market share suffer. And we now have a controlling shareholder who could buy the float a hundred times over. None of which we had when the stock was trading above $.50. IMO, a little patience here could easily get a five to ten banger that will be sustainable.

Know any other .08 stocks that can say the above?
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