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Microcap & Penny Stocks : Corporate Vision (CVIA)
CVIA 0.4800.0%Jun 30 5:00 PM EST

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To: D LEE who wrote (3839)4/17/1998 10:23:00 PM
From: Matt Brown  Read Replies (2) of 6654
 
A little Calculation of Fat Matt's:

I did a little figuring on my trusty ole T81 calculator and came to this conclusion:

If CVIA has 500,000 bucks in cash and 390,000 shares outstanding, then on a book value scale that puts each share worth 1.28 (or .78, not sure which way to divide, my head hurts tonight!) just in cash value. If that was the equivalent of the book value (some people look and think highly sitting cash) and say our industry multiple was say.... 21 or 28, then that would put us at a share price of $26.88-$35.84. Now, I could be way off by calculating this, but I figured I would post it and let you guys rip it apart like a bunch of green-back hungry sharks, so GO AHEAD!! I'm all for it!

Regards,

Fatt Matt

P.S. I will try to shut up now..
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