1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 Message Board

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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46

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To: Scooter who wrote (1554)	11/4/1998 12:42:00 AM
From: bottomfish	Read Replies (1) of 5541

I have not done my math yet but according to M.R. Davis price to sales ratios may be a better measure for future value than P/E. Book Value is always a good indicator what the price of the stock really is. But again price is mainly determined by future expectations of where the stock is heading. If this company starts landing big contracts with the majors or start producing block buster films then fundamentals may be put aside for awhile. Note: When Cannon Group hit $40 per share plus they were producing close to 100 films in the 80's.

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