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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.004:00 PM EST

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To: Moonglow who wrote (2591)5/4/1998 5:37:00 AM
From: A-MAN  Read Replies (2) of 50264
 
To the Crew,

It's 5 am and something just hit me!

Went back to DGIV's announcement on the indonesian acquisition and read that, per JC, 40-50 million in EARNINGS!! (NOT REVENUE) over the next 10 years. So that's about 5 million a year in earnings. With approx 25 million shares outstanding (??), this is my rudimentary mathematics:

5 million/25 million shares = $0.20 EPS

0.20 x 20 (conservative PE) = $4/sh!
0.20 x 50 (industry PE???) = $10/sh!!!!

And all this from ONE deal????

Can someone confirm those numbers or am I just hallucinating????

A-man, still awake and starting to smell the Java (no pun intended).
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