PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: myturn who wrote (10386)	8/5/1998 10:41:00 AM
From: Alastair McIntosh	Read Replies (1) of 43774

Reason - I think that that the only thing that will really drive the stock price is earnings. Recent publicity by the SEC about Internet scams, pump & dumps, etc. is making investors nervous as they learn more about possible problems with BB companies. One negative could be audited financials that show a book value well below market cap. Is there enough net equity in PRWT to justify a $25,000,000 market cap until earnings start to flow? I don't think that we have this information as yet. Also, do any of the more knowledgeable posters know what PRWT's tax status will be? Are there loss carryforwards available? Al

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