PanAmerican BanCorp (PABN) Message Board

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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)

PABN 0.00001000

0.0%

Mar 7 3:00 PM EST

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To: Fred C. Dobbs who wrote (34368)	4/24/1999 12:26:00 PM
From: jhild	Read Replies (2) of 43774

Well Fred, looking at your analogy is interesting but flawed. These companies that you note are each fairly substantial in their own rights. Charles Schwab (SCH) for instance did 2.7 billion in revenues in 1998 and is projecting over 3 billion for 1999. What did PRWT/PABN do in 1998? Two houses and a failed merger/acquisition and a rapidly expanding outstanding and more shares entering the float every time anyone turns around, hardly scales to the kind of businesses you are comparing. Comparing stock prices has no real basis in fact here. Absent financials you have no idea how to begin to value this company. But as far as on line trading goes, you can not begin to compare companies that have substantial resources and market presence already, with a company that has a demonstrated inability to execute. Look at what a real on-line brokerage does: sec.gov PABN/PRWT falls miserably short in comparison. Look at the assets that SCH has to conduct it's business. Look at the number of customers. These two offices are a very simple start that do not at all begin to demonstrate the kind resources that are required to generate any presence in the market place.

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