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Microcap & Penny Stocks : WINR-Secure Banking to Global Internet Gaming & E-Commerce
WINR 0.00010000.0%Nov 5 1:20 PM EST

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To: MY OPINION who wrote (3930)1/15/1999 1:15:00 AM
From: amadeus  Read Replies (3) of 6545
 
market cap question

OK..don't hold me to this..
I'm just trying to compare caps..
let me do a little math, and see if I have this right..

SNMM has a market cap of 120 million..
yahoo profile shows 5.26 million sales..(P/S multiple 22.55)

WINR projects revenue 8-10 million fees, 1-1.5 licensing fees
from sites already online..
current market cap (at 2/share x 14.3M=) 26.6 million
next year projected 9-11.5M sales..lets say 10 x 22.55 multiple = 225M market cap
225/14.3M = 15.73..

down the road, after revenues and reporting..just speculating a bit..
am I missing something here?
what am I doing wrong, or leaving out?..

TIA
feedback please..
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