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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?


To: SSP who wrote (50933)6/12/2000 8:59:00 PM
From: bottomfish  Respond to of 150070
 
SSP and DD. Re: CCAA. Announced for May and June alone of contract revenues coming in the future will equal about 421 million dollars. Let's see--cash on hand as of 1999 is about $100,000. Past total revenue about 1.3 million dollars. So growth rate 400 times potential. Book value of the stock per share deducting current liabilities will come to about $8 per share. A healthy reporting company could trade 7 times book value. I am sure liablities will increase, but how does one project this? What we need is net earnings to determine stock price. What is the p/e ratio for a company like this one?

So potential price cap short term $8 per share , long term $24 per share or higher. With 15 million floating this looks out standing.