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  • netprophecy2 netprophecy2 Apr 28, 2003 6:30 PM Flag

    Lookin' good

    oh stop the bs. the sales continued to fall. the marvelous new line of crap sold less than the old line of crap. and that is the bottom line. as long as sales keep dropping or stay flat, amxc is a $2 stock. the consistent lack of news guarantees no valuation for the stock. check back in a year. might be at $3. might be at $1. who knows.

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    • look at the news chain for panja. that tells you a lot. if a dealer wants to market thats nice. competent sales organizations support dealers with heavy marketing that drives sales. they also have direct sales departments. i regard the $2 price as a reflection of lazy management unwilling to aggressively expand markets. if you are not expanding, you are shrinking. and that is what earnings show. and inability to grow earnings through organic growth. at $2, the stock is overpriced. the pe here should be in the area of 6 - 8. not more.