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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: KevinMark who wrote (100434)	9/28/1999 7:57:00 PM
From: Kevin McKenzie	Read Replies (1) \| Respond to of 119973

This market is soooo confusing. FDRY's TTM revenues are $17M. But even using your (or the CEO's) figure of $40M, that gives FDRY a price to sales of 214. Cisco's price to sales is 18. Cisco's market cap is $220 billion vs. FNDY's market cap of $8.5 billion (I think FNDY has 55 million shares outstanding). At first glance that may make FNDY look "cheap" with a market cap 1/25th of Cisco's. But FNDY's revenues are 1/300 th of Cisco's (assuming FNDY's revenues of $40 million, not the $17 million that is official; if you use FNDY's true TTM revenues, then they only have 1/700th the revenues of CISCO.) I'm just flabbergasted at what people consider a good investment these days. I'm making money on these bizarre inet valuations just like everyone else, but I have to suspend all rational thought every time I purchase a share.