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Microcap & Penny Stocks : MTCI...@.75 joining the big guys

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To: calafert who wrote (2606)3/24/1997 7:21:00 AM
From: joe wiles   of 2834
 
Neither Calafert - if you assume an outstanding share count of 200mm this places the market cap in the $12mm range. At this share count, the Reg S overhang is $0 and the company would be valued at about 1/2 of it's current sales rate. Don't get too devious minded about this - the market has a way of pricing this stuff at true value. Regards, Joe
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