MGMA is in a position to make you a lot of money Message Board

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Microcap & Penny Stocks : MGMA is in a position to make you a lot of money

MGMA 0.400

+399,940.0%

Mar 7 3:00 PM EST

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To: Walter Morton who wrote ()	8/28/1998 3:24:00 PM
From: Walter Morton	Read Replies (1) of 175

While MGMA is positioned to make a lot of money for you I wonder if a price earnings ratio of 135 is not a bit too high. Based on the earnings per share you would expect the price to be somewhere between $.30 and $.50 if it were the average company. I know the current price of $2.70 has something to do with the fact that with most purchasers of adult products, price is not a deterrent. But they are predicting earnings per share of $.50, which is much higher than the current $.02.

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