MADISON SYSTEMS(MADI) Multi Million Dollar Contract Message Board

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Gold/Mining/Energy : MADISON SYSTEMS(MADI) Multi Million Dollar Contract

MADI 0.0001000

0.0%

Jan 16 9:30 AM EST

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To: Currency who wrote (123)	8/27/1998 5:51:00 PM
From: xbrent	Read Replies (2) of 5832

Many people are talking about a rally in the morning. But regardless MADI stock held its own today in a very difficult market. I have to think that MADI will fly in the next few days regardless of market conditions. If you take the lowest estimate of EPS and give it a conservative 5 multiple the stock trades at $1 without the rumored future business. If you take a the higher end of the EPS range with the lower multiple you get $3 per share which seems awsome when you are at .65 Once the stock is at $1.50 then $3 seems quite doable. You can compute the higher EPS estimate with a higher multiple and the anticipated new business and you can compute the stock price on your own. Let me see, I think that a person would have enough toes to accomodate the number should they use their toes to count it up.

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