SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : JNNE - Jones Naughton Profits Via Mass Market Retailers
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tom Dickson who wrote (1420)11/11/1998 1:31:00 PM
From: HG  Read Replies (2) of 4624
 
Tom,

Interesting post by Lance and I certainly would not want to put words in his mouth to explain his reasoning.

Having said that, I believe he was using the .15 per share settlement and appylying (to your point) a conservative multiplier of 3x to come up with a .45 cent per share valuation which would convert to a PE of 3 or he has figured the current projected income to equal .45 per share with a PE of one at .45. Either way I agree with you that if the projected income is anywhere close, we have a very undervalued stock here. The key unknown here is the number of outstanding shares. Is it still 40 million or is it now 50 or 60? I just don't know.

It would be nice if someone has a contact with the company could find out just how many shares are currently out there.

I also don't know how logical it is to use any projected lawsuit settlement in figuring share value. This would be non-recuuring income and for all practical purposes would need to be deducted from share value not added to it when valuating this issue. but I understand the point Lance was making.(I think. He can correct me if I'm off base.)

This has certainly been an interesting 2 days. My congrats to those who bought at .02. I sure played this one badly during this runup.

I'm with you though, I wish I knew what role the company played in this, if any.

Finally, I don't think we are done with this one, but it certainly isn't for the faint of heart.

I am also currently long and I share your sentiments.

Regards,

HG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News