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

To: Seeker who wrote (7459)	7/30/1999 4:08:00 PM
From: Seeker	Respond to of 8189

Following up on this last post we have average growth rate for this co at: 98 growth rate was 84% first qtr 99 growth rate is 262 % / 2 = average growth rate of 173%. If you take 173 X 99 projected earnings of 194299 (1st qtr 99 earnings) x 4 = 777196 / 10000000 shares = 7.8 cents per share X growth rate of 173 = $13.49 per share. Best case scenario: 7.8 cents X 262 (projected 99 growth rate which could be higher) = $20.43 per share. Not bad for 2.00 I was in hurry to put this together as my family is hollering at me to go to dinner. Mike