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Microcap & Penny Stocks : RNTK and FAMH, both companies lost the war! -- Ignore unavailable to you. Want to Upgrade?


To: Little Engine who wrote (80)2/22/1998 12:42:00 PM
From: Jonathan Lebed  Read Replies (1) | Respond to of 110
 
Little Engine..my math is right, I just (apparently) am using the wrong figures. The way Brad said it, he made me assume that the gross margins of 26%-30% were the entire company including Myriad. Still, I don't think your math is correct either.

I don't have time right now, since I am expected at the Medowlands...but if you conclude that...

Myriad..60MM 10% margin with 30% income tax = 4MM
Firamada..12MM 30% margin with 30% income tax = 2.5MM
Other..8MM 30% margin with 30% income tax = 2MM

You get a total net of 8.5MM.

Divide that by 41MM shares..you get $0.20.

I think this is more accurate..anyone else have an opinion on this?

I will be back at 6:00PMET.

Jon



To: Little Engine who wrote (80)2/23/1998 4:39:00 PM
From: Andrew H  Read Replies (2) | Respond to of 110
 
>>The projections of 3.5 MM in net would give them less than .09 per share... of course, the interest payment on the newly assumed debt, new shares that may be issued for the NYC and California acquisitions, etc., need to be taken into account as well.<<

Were you assuming 41MM shares for your .09 figure? If so, better divide by 2 since they will certainly have a lot more shares out!