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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB)

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To: Logistics who wrote (782)2/3/1998 8:43:00 PM
From: Jodi Segal-Lankry  Read Replies (3) of 1574
 
Packard,

Realize that ACCY has the potential to go much higher than $1.00 due to the small float. Company conservatively estimates .08 per share earnings for the first tournament alone. At an EPS of 20 X .08 (which is conservative) this values the company at $1.60. Second and Third tournaments, both in 1998, are already being planned. One of them will be in the Long Island area. Awaiting more details.

So let's project:

Three tournaments with earnings = .08
.08 X 3 - .24 X 20 = $4.80 per share.

Imagine what happens when they announce a title sponsor. Buyout?
Just speculating

Not small potatoes. Volume picking up is also indicitive of "real world" interest coming into the stock. Maybe Nicklaus is bringing in his buddies.

Jodi
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