Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

My understanding is that the report may not show much sequential growth (none as far as their most recent announcement is concerned), but still some sizeable profits, I figured, what they gave me under $7 (and I got a little more after my first post on FSTW, not much) is relatively cheap, I figure that their sales should be around $15 MM or so on an annual basis and earnings probably better than $.75, a PS of around 1 and PE of around 10, with a good potential for growth, that seems cheap. If I am wrong (and I believe you are going to say my numbers are too low) please let me know. As for this position, it a swing position, namely I am looking for a 50% to 80% gain, and if momentum develops, maybe more, but it is too small a company to be it long term (small companies are prone to "accidents"). Only during the last week, it finally came close to my range, patience (g).

Zeev