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Microcap & Penny Stocks : DRGI (Diversified Resources Group) -- Ignore unavailable to you. Want to Upgrade?


To: Mr Metals who wrote (85)7/28/1999 12:00:00 PM
From: Jim B  Read Replies (2) | Respond to of 818
 
Here's how I see it.. if 17cents per share earnings based on 30million approx shares. then if there are even 80million shares out as someone claimed there was

then that is about 6cents per share earnings.. let

give it a TERRIBLE PE of only 10 per share...

that makes it worth 60cents alone AUDITED..

then factor in the $1.5million/month on the news announced monday and you get another $18milllion in revenues/year
with profit at worst $2million giving the stock another 3cents/share earnings... and now you have a 90cent stock.

plus we've heard news is coming out within a few days on
three items.. 1) real estate deal 2) joint venture of some sort 3) AIDS product

amazing... only thing we dont know for sure is what the shares out are.. we've heard a couple different things..

so I figured it as high as it possibly could be.. if the shares are less than the stock is well worth more than $1

watching for any dips on this surge to pick up more.. any chance we might get to buy more at .10?

jim