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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today

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To: Ed Pettee who wrote (7273)7/30/1998 11:05:00 PM
From: Bruce Galpeer  Read Replies (2) of 19331
 
Ed,
Refer to the following post...

exchange2000.com

As for the price per share being at $10, that is derived from the multiple for the telecomm industry times the revenues divided by the total number of shares. In this case 2.5(multiple) X 150M(revenues) / 35M(shares) = 10.71 a share. This is not a given but a generality of what we could see.

Bruce
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