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Microcap & Penny Stocks : NICM (National Institute Companies of America)
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To: bruceski who wrote (76)7/14/2000 2:44:43 PM
From: MicroKing   of 124
 
Decided to go by a Wallstreet words book. I was close on my thinking but first you must subtract liabilities from assets and divide the remainder by the number of outstanding shares.

I know at this point it really is not important. We are just coming out of the development/restructuring stages. Atleast now I know how to calculate P/E and Book value.

Needless to say I'm self-taught or learned the hard way in the last 3 years. 1997 was my first OTC purchase. IVII and now on the pinks. Traded over $2.00 in Feb and still held all my 60,000 shares at .09. My price target is $5+. NICM is a much better company than IVII.

Have a good weekend
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