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Microcap & Penny Stocks : ProNetLink..(PNLK)

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To: bebu who wrote (93)4/22/1998 4:30:00 PM
From: Sam Nizam   of 8242
 
From the March 24 press release:
"ProNetLink will provide all of the information on the site for a nominal membership fee of $30 per month and projects to have 30,000 members worldwide by the end of the year with sales of $12 million."

If this stock comes close to those numbers, its way undervalued. At 5x estimated revenues this would be a $8 stock. Does anyone know what multiples are assigned to most of it's peers? I'm sure they wont be profitable for a while, but most internet companies aren't.

Sam
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