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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: SmartStockAdvsr.com who wrote (7297)6/25/1999 2:49:00 PM
From: InOverMyHead  Respond to of 8189
 
SmartStock

I have a question regarding the expenses that everyone is raving about. In '97 there are salary expenses of 275,000. In '98 there are salary expenses of 218,000. They have hired additional people and gave Miles a raise, yet the salary expense for the first quarter of '99 is just over $15,000. How can this be? Is everyone working for charity?

I took the average salary expense of '97 & '98 then divided by 4. Subtract this from the bottom line; divide by the O/S; multiply by 4; multiply a generous P/E of 30 and you get a current stock price of $1.68.

What am I forgetting?

IOMH



To: SmartStockAdvsr.com who wrote (7297)6/25/1999 2:51:00 PM
From: Seeker  Read Replies (1) | Respond to of 8189
 
SSA: What was the stock price before you took over? Answer:2.375-2.875. What is the price know after your 6th press release: 2.125.

Your all a fine bunch of fellows and I learned alot about investing from you but the answer is obvious: THE BEST THING YOU CAN DO FOR MRPS IS RESEIGN AND LET MRPS GET SOME WELL SEASONED PROS TO DO THE JOB RIGHT!!!!!!!!

Regards to all,

Mike