LINC - Plenum Communications (was PLNM) Message Board

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Microcap & Penny Stocks : LINC - Plenum Communications (was PLNM)

LINC 24.83

+0.2%

Dec 26 9:30 AM EST

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To: Andy stupak who wrote (87)	5/17/1998 2:53:00 PM
From: Larry Brubaker	Read Replies (4) of 837

Some calculations, based on information on the web site. Company says it has 2600 subscribers. One one of the testimonials on the web site, it is mentioned subsribers pay $50 per month for a subscription. 2,600 subscribers times $50 per month equals $1.56 million in subscription revenue. Which with 19 million shares, equals revenue per share of 8 cents. I have no idea what costs are, but lets assume they are half of revenues. This would mean profit is 4 cents per share. Company also says that subscriptions are the large majority of revenue. So lets say they get another 1 cent per share profit from all other revenue sources, we are now up to 5 cents per share. Conclusion: From what I can see, the stock at $2 is grossly overvalued. Anybody else have any better information?

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