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Microcap & Penny Stocks : MDCE ... Where Entertaiment and Education Embrace
MDCE 0.0004000.0%Dec 26 9:30 AM EST

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To: Jamessmith who wrote (1527)4/3/1998 4:47:00 PM
From: saltbox  Read Replies (2) of 3046
 
So, if MMs are trying to make it seem like there are more sells than there really are, can we conclude that they feel there is a better than even chance the demand for shares will go up after the news? As for book value: how important is it to the value of the stock? Yahoo's is $3, and GM's is $35, and look where they're trading. Isn't debt and cash flow a better indicator? "96 debt was a total of $44,000 and earnings showed a loss of 3 cents."97 should show a "small profit", so 2-3 cents is probably right. As for '97 debt: we'll have to wait 'til next week. But, since they paid cash for the Parthenon deal, It doesn't seem likely we're going to see a huge figure. Next week will tell all.
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