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Microcap & Penny Stocks : MGMA is in a position to make you a lot of money
MGMA 0.400+399,940.0%Mar 7 3:00 PM EST

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To: StaggerLee who wrote (72)1/10/1999 10:40:00 PM
From: Pe@cockm@n  Read Replies (5) of 175
 
Talked to Investor Relations and was advised that sales during the last quarter were up. The show in Las Vegas was a success. Earning will be out in a week to 10 days and will be a good or better than last quarter. With this growth and earnings this stock should move up. The latest news release is exciting. If a 1,000 units are place during 1999 with revenues of $15,000 per unit, that would be $15 million in additional sales. With profit margins expected to run at 50% of sales, that would be more that $1.00 per share in earnings. MGMA seems to have very good value at this price level.
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