1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: Capitalism who wrote (1048)	8/22/1998 8:58:00 AM
From: thomas a. burke	Read Replies (2) of 5541

Cap, If you are correct about Wescott selling all the way down to .08, and I assume you are, can you give us a theory as to why they would sell it so low? I just wonder why they would recommend it at .30 then as you say "be banging stock out to the street" at these ridiculously low prices. With LIMA in the can and JUNKIE done filming, using a ESTIMATED profit of 5 million per film, this would give us EPS of .11 and a P/E of less than 1. That is based on estimates of only 2 films. There is much more to come from this company and Wescott should know that. Tom B.

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