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Non-Tech : Valley Media (VMIX) IPO
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To: wallstreetbull who wrote (160)5/23/1999 10:45:00 PM
From: Phantom Dialer  Read Replies (2) of 298
 
Sam,

I think it's better if you multiply by total shares (that would be a little over 8 million). Remember, a ton of them are held by the founder/CEO, but you got the right idea buddy.

So we will be at about .25 sales....still, a ridiculously low number, along with the expected earnings (they'll easily blow away numbers next q too)

Phantom
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