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Microcap & Penny Stocks : ADVR:THE NEW COMPANY...WITH A NEW LIFE...AND A NEW MISSION
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To: paper man who wrote (420)6/14/1998 9:38:00 PM
From: OLD JAKE JUSTUS   of 4891
 
If ADVR should get a year of 1 Billion Net Earnings, we could figure it this way. By then they may have 350,000,000 shares outstanding. I am told that Bio-Tech stocks normally sells at around 30 times earnings. 1,000,000,000 divided by 350,000,000=$2.86 X 30= $85.80 ADVR Stock Price. Of course, this is a hypothetical case.

Remember to multiply by 30 to get the factor.
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