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Microcap & Penny Stocks : CSCA (Cassco Capital Corp.)

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To: Lee Bauer who wrote (4)11/14/1997 10:25:00 AM
From: CO   of 410
 
Ga Bard, You may have posted this on another thread, but I don't remember for sure, what is the float? Also do you know how many total outstanding shares there are?

When someone asked you on another thread what the .47 per share gross revenues would mean to each share, your answer was $4.70. I think this number sounds reasonable. That is assuming that the .47 is gross income.

Also assuming that even half of the .47 goes for tax, interest, amortization and depreciation, leaving .235 x a Industry Multiple of 20 = $4.70.

I am not sure if this industry has a multiple of 20, but I am assuming that is somewhere in that ballpark.

Thanks for starting this thread.

Cheryl
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