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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: Roger Bodine who wrote (40387)	8/13/1999 9:11:00 PM
From: jhild	Read Replies (1) \| Respond to of 43774

Roger, I am curious how you place value on these shares. Using 1 billion as the apparent number outstanding, how is it that you can construct a case for valuing this company at $25 million to $30 million even. How is it that these 2 day trading offices, these 2 houses in Belize, this website that is building an email address list, this NY area local isp with just how many customers, this undeveloped receivables factoring business, this apparently going-nowhere PCRoomLink business, this invisible videophone adventure, this un-filed application for a thrift and this intention to draft a UFOC in order to franchise the trading rooms that by their own numbers are not making money - in short this gossamer filament of an idea to be in any faddish business about - is now valued at nearly three times what it was back in March, with apparently little more accomplished than the issuance of several hundred million more shares?