DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK Message Board

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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK

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To: Zeev Hed who wrote (2186)	3/11/1999 12:05:00 AM
From: okee-boy	Read Replies (3) of 2303

Goodevening Dr. Hed, Just trying to get a feel of what DBDY can be worth in 1999. IF they have 4.2mm in revenues. IF there is only 18mm out standing. Then using 10% profit margin and a multiplier of X10 , I sure can see the $.233 price. Their PR web site stated a 25% profit margin. Now that to me seems extremely high. Using 25% and a multiplier of X10 I could come up with $.583 market value. Now again, IF they can grow rapidly and I can use a multiplier for a growth co. of X20, I could say $1.16. Could reality lay somewhere in between. I would like to see $1.16, but it would seem at this time there may be too many unknowns for me to set a fair market value. I will sit back and see how it unfolds. Good luck to you Sir. okee-boy

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