Corporate Vision (CVIA) Message Board

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Microcap & Penny Stocks : Corporate Vision (CVIA)

CVIA 0.480

0.0%

Jun 30 5:00 PM EST

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To: Matt Brown who wrote (3860)	4/18/1998 12:49:00 AM
From: Art C.	of 6654

Matt---I believe that you are looking at this in the wrong way. The present price of the stock is what is important. For instance, let's say that at present they have 90,000,000 shares now and do a 300:1 split----300,000 shares, right? under those circumstances, considering what I paid for my shares after the reverse split, they would have to go to about $11/share for me to be even. 1.28 a share wouldn't be worth spit to me. Book value which is what you are talking about usually runs at a 3:1 or 5:1 at best. Earnings potential determines the PE of the stock which is the 21 that you are talking about. Art

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