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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Nov 14 9:30 AM EST

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To: Valkyrie who wrote (18203)11/13/1998 3:25:00 AM
From: Gordon Gekko  Read Replies (7) of 43774
 
**** PRWT SHARE COUNT RESULTS ****

Total Responses = 156
Silicon Investor = 59
America Online = 32
Raging Bull = 29
Yahoo/Other = 36

Total Shares Owned by Respondents = 162,997,550
Silicon Investor = 36,084,450
America Online = 15,928,200
Raging Bull = 12,158,900
Yahoo/Other = 98,826,000

Percentage of Float Owned by Respondents = 78%

Average Shares Owned by Respondents = 1,044,856

Issues
1. Some of the respondents submitted their share counts on behalf of groups, so the actual number of shareholders is probably much larger than 156.

2. The average number of shares are skewed by a few extremely large shareholders. If those shareholders are removed from the calculation then the number drops to approximately 340,000 shares.

3. The splits between Silicon Investor, AOL, Raging Bull and Yahoo/Other are not exact since some respondents failed to mention their board or were a member of more than one board.

4. A share count conducted via the Internet is not an exact science since the validity of the data received can not be confirmed or denied. The data provided here should only be considered a tool and not an end with all.

I would like to thank everyone who submitted their data to me in such a prompt manner. I hope the effort I put forth provides some benefit.

GG
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