PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: jhild who wrote (16368)	10/25/1998 1:32:00 AM
From: Roger Bodine	Read Replies (1) of 43774

As another consideration on your point that each white collar employee only makes $32,000... What about a breakdown of employee types. You may have a supervisor making 50,000 with paper workers making $25,000 ea. which is about $12 to $14 per hour. Software advances may have reduced the paper pushing costs by automating forms, etc. Anyway, is this a reasonable wage in that area? Point being, it is hard to guess the real scenario, you may be close but I wouldn't want to bank on it! Their profits may still be good. Unless you see their monthly, qtrly and yearly P&L you just don't know. Which of course, applies to any company. They know, we do not. Roger Yes, it will be good to see PanAms when available.

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