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Microcap & Penny Stocks : ACCY - Accsys Global Network, Inc (NASDAQ OTCBB) -- Ignore unavailable to you. Want to Upgrade?

To: Jodi Segal-Lankry who wrote (783)	2/3/1998 9:45:00 PM
From: Walter M.	Respond to of 1574

Jodi, I tried winners@abt.net but cant find info. about their newsletter.I am long on BAAT and consider myself very fortunate to have gotten in @.30. Looking forward to the Feb.10 test.Any help you can render in clarifying how I can get more info.on ACCY would be appreciated.Good luck. Walter

To: Jodi Segal-Lankry who wrote (783)	2/3/1998 10:23:00 PM
From: stockid	Read Replies (2) \| Respond to of 1574

I think you have made a mistake in your Earnings Per Share estimates. EPS, is calculated by dividing not multiplying. To calculate you divided the company's profit by the number of common stock. So, according to the company (per their homepage) they estimate a projected revenue of 6,117,000 from three tournaments. After the projected expenses of 4,057,000 leaves them with a net before taxes of 2,060,000. The common shares is 2,000,000. So, not knowing how much they will be paying in taxes let's take those numbers. 2,060,000 before tax revenue Divided by 2,000,000 common shares equals $1.03 cents per share before taxes. SK