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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) -- Ignore unavailable to you. Want to Upgrade?

To: Mike Morgan who wrote (24713)	12/8/1997 1:52:00 AM
From: TopCat	Respond to of 55532

IMHO, best case number after the infustion of cash and the outflow of shares........25 cents. TC

To: Mike Morgan who wrote (24713)	12/8/1997 2:06:00 AM
From: michael d kugler	Read Replies (1) \| Respond to of 55532

Let's be generous. Let's say they can sell $30 million in water into an economy which seemingly is on the edge of recession. And let's say that the company can make 5% margins, more than twice what can be gained by doing business locally. That would bring about $0.07 to the bottom line assuming 21,000,000 shares fully diluted. That puts them at a 24 PE right now. And a P/S ratio of 1.2 The company also projected 12 million in sales for the year not long ago as well. It could be a tough number to hit. Of course, we don't have those numbers yet. But the squeeze makes them worth a BILLION per share. Might as well try to get a market cap bigger than Intel, to which Riley has compared RMIL.