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Microcap & Penny Stocks : Ben Ezra Weinstein (BNEZ)
BNEZ 0.00Sep 18 5:00 PM EST

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To: Leroyt who wrote (3128)10/2/1998 9:32:00 PM
From: rjbac  Read Replies (1) of 9391
 
Leroyt,

Let's assume 35 mil. outstanding before 12-1 RS. Wouldn't that mean 2.91 mil. outstanding now. Not many is it! So if we do 10 mil. in sales this year and make 4 mil. in profit; that is $1.37 a share profit, not counting anything else. At that level, what would be a fair value for the stock? Anyone?

Bac
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