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Microcap & Penny Stocks : THMZ.. Making Money Old Fashion Way

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To: ColleenB who wrote (129)11/22/1998 5:35:00 PM
From: chalu2  Read Replies (1) of 201
 
I saw a post on Yahoo that reasons this way: if CRP+THMZ show $20 million in sales next year, and only 5% net profits on this, we have $1 million in net profits. If shares outstanding even double to 8,000,000, this is 12.5 cents a share. If the market gives us a 20 P/E, we then have a $2.50 stock. That's 9-10 times the current price. Sounds possible to me, unless I'm missing something.
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