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Microcap & Penny Stocks : MDU Communications Inc. - MDTV
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To: diddlysquatz who wrote (463)7/14/1999 10:41:00 AM
From: Glenn Petersen  Read Replies (1) of 994
 
Question. Based on yesterday's close ($1.25), MDTV's 10.2 MM shares have a market cap of approximately $12.75 MM, which means that each of the company's subscribers are being valued at approximately $1,063. While I would suggest that MDTV should command some sort of premium because of its growth prospects (it is growing from a small base and has an impressive backlog), I would be interested in knowing if there are any other comparable companies that you are aware of that we can bench mark against MDTV. TIA.
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