Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services -- Ignore unavailable to you. Want to Upgrade?

To: Gennaro who wrote (5267)	3/6/1998 12:46:00 PM
From: Omnichrome	Read Replies (1) \| Respond to of 27968

Gennaro, The calculations for the 1997 EPS was made based on the average number of shares outstanding for the calendar year. That would have to be slightly over 20M, since we've been told the net for last year was in the neighborhood of $2.2M. The 20M which was outstanding at the end of September grew to 40M now. It would appear the bulk of the "new" 20M came in during January and February. Of course, that means the 1998 EPS will be based on 40M shares outstanding. But the revenue will be much greater as well. The number Ira projected (.25 to .30 EPS) for 1998 would be based on the 40M number, meaning he is expecting an after tax profit of $10M - $12M. Be careful out there.