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Microcap & Penny Stocks : Short Term Picks From the 'Whiz' Kid
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To: Daniel Miller who wrote ()2/7/1999 9:26:00 PM
From: Daniel Miller  Read Replies (1) of 9115
 
An email I recieved about ECIC


at present market cap of $6 million,
the company will likely earn more that their present market cap in 2000. So
if you put a 15X multiple on that, you've got a gain of 1,500%. A 20 PE =
$60 by 2000. It is a somewhat cyclical industry, so it might not deserve a
market multiple, but is also growing extremely rapidly, so a premium
multiple could be justified. A few years out, I think this company is worth
a few hundred million dollars.
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