VNSR -- A .12 stock about to post .07 earnings. . . Message Board

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Microcap & Penny Stocks : VNSR -- A .12 stock about to post .07 earnings. . .

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To: Warlock who wrote (39)	6/9/1998 12:34:00 PM
From: Jay D.	Read Replies (1) of 87

Question: How can VNSR call assets appraised at a higher value equal to earnings???? Earnings are net profit, not appraisal values? Anyway you know about jewelry appraisals: BS, you buy it at an appraised value of $4,000 and when you try to sell it you get $500! So appraisals don't mean squat, its what they SELL it for and then you calculate earnings/profits after expenses. RIGHT?? Jay

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