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Microcap & Penny Stocks : AmeriResource Technologies (ARET)
ARET 0.00010000.0%Nov 5 1:03 PM EST
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To: Mr. Jens Tingleff who wrote (2401)9/15/1998 11:46:00 PM
From: Ken W  Read Replies (2) of 7609
 
Jens,

Not meaning to argue with you as I am greatful for your insight, but
(you knew that was coming huh?) if rev's from ARET is projected to 750K and profit is approx. 30 to 35% divided by the number of shares outstanding, how does one come up with a PE in the black? 30% of 750K is roughly 250K/ by 200 million shares = value of about .0015 cents per share? Please correct me if I'm wrong.

Ken
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