IMGX, currently $3.50 Message Board

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Microcap & Penny Stocks : IMGX, currently $3.50

IMGX 0.0001000

0.0%

Oct 28 5:00 PM EST

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To: Green 6 who wrote (491)	11/7/1997 7:48:00 PM
From: Jay Morrison	of 665

It seems like ODIS is the closest company from the standpoint of shares outstanding, earnings that we are likely to have next year, growth rates, etc. The PE is not really relevant since it can be so volatile for companies with low earnings (less than 10 cents). The sales multiple of 5.8x sales is good. If that were the case with IMGX and lets say they average $10 million per quarter next year, which is breaking even. $40 million US sales for the year (low estimate) x 5.8 = $232 million market cap. Divided by 34 million shares outstanding = $6.80 per share. That is exactly what you were saying when you estimated seeing the stock about $7 next year. I agree. Jay

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