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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market

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To: wallstreeter who wrote (4536)6/30/1999 3:23:00 AM
From: Safe Cents  Read Replies (1) of 4767
 
Based on DTC sheets the buying is coming from several different area. Not much insider buying, Doug said there was small chunks of insider, but he is surprised about the volume. I have been trying to spread the word, the waterpark is a big hit and all the other divisions are in the black.

Again if the company can make .02 a share earnings and you use a 40:1 P/E ratio, you are looking at an $.80 stock. Yes the one acquisition can be made at + $.40. I think we missed out on the other acquisition. This was the better one anyhow. .02 a share would be the outer limits on earnings. Anymore than that and I would be shocked, not to say that it couldn't happen, but we'll have to wait and see.

With the 2 internet sites I feel 40:1 a low end on the P/E. It's good to see a little happiness and positivity on this board for a change. We've become a society of instant gratification and have a hard time waiting for a company to perform. ETPI had a few missteps in the past, but I think things are looking up now.

Safe Cents

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