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Microcap & Penny Stocks : ARET (Formerly KLHE)
ARET 0.00010000.0%Nov 5 1:03 PM EST

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To: Sanjay Upadhyaya who wrote (4385)5/28/1998 10:26:00 AM
From: Mr. Jens Tingleff   of 4594
 
Hi Sanjay, Here is some more to go with those shares outstanding:

Take the big FLR deal - There have been a lot of guessing what net impact that deal may have. 40/60 split with Dunn have been mentioned. If ARET then nets 10% its appx 1.7Mio$. equal 1 cent per share. Adding the other deals ongoing could bring EPS estimates to 0.015-0.03.
A conservative PE of 5 then equals a shr price of 0.075-0.15.

Now say aret only nets half of it - Then I'll boldly raise the PE to 10 and get the same shareprice <G>.

Kind regards
Jens
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