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Microcap & Penny Stocks : SONM – Sonoma Financial Corporation (was VMAX)
SONM 9.750-5.2%Nov 14 9:30 AM EST
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To: paper man who wrote (126)10/27/1999 3:03:00 PM
From: MonteChristo  Read Replies (2) of 205
 
Let's do some educated math here:

93 Million is loans x 20% = 18.6 Million in fees or there about.

Figuring a conservative 15% to bottom line = 2.8 Million

2.8 Million divided by 72 Million shares out = .039 earning per share.

Figure PE of 20 = $.78/share.

And that is just the new company included. Put in what VMAX had previously and Wow.

I'm liking it.

Anybody know when this deal should be wrapped up?

William? You da man!
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