BNEZ and PMA; Success in 1999 Message Board

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Microcap & Penny Stocks : BNEZ and PMA; Success in 1999

BNEZ 0.00

Sep 18 5:00 PM EST

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To: Elio Madama who wrote (767)	12/19/1998 11:41:00 PM
From: heatseeker	Read Replies (5) of 2648

Elio, based on $20 net earnings per unit of PMA (from Leroyt post)......and assuming 10MM oustanding shares (I think there is less).......That's is $0.02/share in earnings for every 10,000 copies sold. If we sell 100,000 units in 1999, that is $0.20/share in earnings. Put a very conservative P/E on that of 10 and you have $2.00 share price for BNEZ. This ignores any earnings from other BNEZ products. Note there could be a huge amount of error in the outstanding shares (either way) and also in the P/E multiple of 10 (probably more upside than downside).....so really hard to nail this down. heatseeker

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