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Microcap & Penny Stocks : ONPT - A 52wk high price and volume

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To: Stefan Habermayer who wrote (54)3/17/1997 10:32:00 AM
From: Stefan Habermayer   of 375
 
ONPT might need 5-6 Cents as (accumulated total of the) annual results
Having currently 1 7/16, as Ask. Assuming that PE 25 is fair for such a company (like the avarage), then we might need a per year figure of:
1 7/16 : 25 = 5.75 Cents per Share.
I think ONPT can manage this (provided that they -really- SOLD stuff to the 4 new states already). On the other hand this is where we are now.
Any comments on the above ?
Thanks and regards,
Stefan
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