Stock value and fair price illustrated by Holy Karaoke Inc
In long run, buying overvalued stock reduces total gain. If Holy Karaoke Inc trades at 10 dollars with 12 percent annual growth to 31 dollars in 10 years, total gain reaches 210 percent. At 15 dollars the gain falls to 107 percent, about 7.6 percent yearly, and at 20 dollars to 55 percent or 4.5 percent yearly. Prudence means buying at a discount to fair value, else growth must stay reliably strong.
MENTIONED IN THIS ARTICLE
Holy Karaoke Inc
Prepaid Calling Cards Boom Faces Buyer Beware South Florida
Ben Brooks uses a prepaid long distance card for home and Bushnell vacations while Anthony Chau buys $20 Little Saigon cards for Vietnam calls. The piece notes rising prepaid card sales, immigrant-market growth, and common consumer traps such as hidden fees, expiration, and misleading disclosures, with expert cautions from Segermark, Moses, and Sherry.
MENTIONED IN THIS ARTICLE
Ben Brooks
Coral Springs
Fla
Central Florida
Bushnell
Brooks
Anthony Chau
Vietnam
Saigon
Lauderdale Lakes
Chan
United States
Howard Segermark
International Prepaid Communications Association
Washington, D.C
Segermark
Rick Moses
Florida Public Service Commission
Bureau of Service Quality
Moses
Sherry
Federal Trade Commission
Sean Robinson
Tamarac
Jamaica
Consumer Action
Also Mentioned on This Page
Columbus
Ohio
Salt Lake City
Rittenhouse
Www
Thesouthern.com
Christine Winter and
Doreen Hemlock
South Florida
Sun-Sentinel
Linda Sherry
San Francisco
Little Rock
Ark
Ravi Bedessee
Bedessee