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Microcap & Penny Stocks : NICM (National Institute Companies of America) -- Ignore unavailable to you. Want to Upgrade?

To: bruceski who wrote (76)	7/14/2000 10:49:49 AM
From: MicroKing	Respond to of 124

You took the words right out of my mouth. I've always been confident because of management. But fully understanding the numbers makes me feel much better. Now the question for me is what comes first, the compliance or 2nd qtr filing? Question, about determining a book value of a stock. Is the SHE the only determining factor divided by shares outstanding when calculating a book value?

To: bruceski who wrote (76)	7/14/2000 2:44:43 PM
From: MicroKing	Respond to of 124

Decided to go by a Wallstreet words book. I was close on my thinking but first you must subtract liabilities from assets and divide the remainder by the number of outstanding shares. I know at this point it really is not important. We are just coming out of the development/restructuring stages. Atleast now I know how to calculate P/E and Book value. Needless to say I'm self-taught or learned the hard way in the last 3 years. 1997 was my first OTC purchase. IVII and now on the pinks. Traded over $2.00 in Feb and still held all my 60,000 shares at .09. My price target is $5+. NICM is a much better company than IVII. Have a good weekend

To: bruceski who wrote (76)	7/14/2000 4:47:41 PM
From: MicroKing	Read Replies (1) \| Respond to of 124

Bruceski, I have more questions. Below is from previous posts by you. From your posted notes regarding meeting with management: Q: What is the deal on the $800K owed by Burmeister? A: The money is due is from incorrect crediting for sales. Will receive it this quarter. Excerpt from RB post: "If you look here, everything is moving in a forward direction with cash up 2300%+, Current assets up 15700%+, and an additional $700,000 due the company which should post on the second quarter listed as goodwill." My questions: Is the $800K owed by Burmeister cash? Is the $700K due the company as goodwill related to ???? I only ask because Goodwill is describe as: "The discounted value of a larger-than-normal return on tangible assets. A business may build goodwill over time as customers become loyal to the firm's products. Goodwill does not appear on a company's financial statements unless another business is purchased at a price greater than book value." Source: Wall Street Words by David L. Scott Thanks, Greg