SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Microphonics Inc. (mrps)
MRPS 0.00010000.0%Dec 15 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mitch who wrote (7144)6/10/1999 11:01:00 AM
From: Seeker  Read Replies (2) of 8189
 
This contract alone generates 12 mil in profit or roughly $1.00 per share! 12 mil shares w 40% margins = 30,000,000/40%=12,000,000! With a pe of 15 we get $15.00!!!!!!!!!!!!

I am going by memory and did not go back and check my facts but I think they are right. We had a $5.00 to $8.00 value on MRPS before the 500, the Volvo contract, and now this contract.

Looking good.

Mike
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext