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Gold/Mining/Energy : United Industrial Services (UIS/ASE)
UIS 3.210+2.6%Jan 9 9:30 AM EST

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To: SAM-DAN who wrote (82)11/4/1999 5:47:00 PM
From: DaveU  Read Replies (1) of 90
 
Sam-Dam, If they had 52 million shares outstanding at the end of 1998. If they sold 7.5 at .40 and 3.5 million warrants outstanding, I think they have roughly 60 million outstanding. Can someone else answer that question. Now if they sell 5 million next year and they had 40% margin, that would give them 2 million profit divided by 60 equals 3.3 cents per share x 10 (earnings/share) gives them a end of next year target of .33 per share. I just pulled the 40% out of the air, they have no taxes to pay for a long time I'm sure. Does anyone know where they could get the prospectus from the last round of financing. That might give us a projected cost of production (cost per ton).
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