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Microcap & Penny Stocks : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?

To: Matt Brown who wrote (3841)	4/17/1998 11:14:00 PM
From: K A Anderson	Respond to of 6654

Matt, Yeah Series 7 is a stock brokers liceance... but the reason I said get the study guide is the best reference book you can find... just make sure its a NASD sponsered book. It will benefit you when it comes to investing and understanding both securities and the MMs and brokerages. Yeah you study it well enough, you could take the series 7 test, and if you pass you are ordained a "stock broker" lol, the catch is you have to have a brokerage "sponsership" in order to take that test. I have had series 7, 63 24, 27, and a few others, I havent used them in over 5 years, but keep them registered and up to date with the NASD, just in case I ever need a job again, its a nice saftey net. KAA

To: Matt Brown who wrote (3841)	4/17/1998 11:37:00 PM
From: TraderGreg	Read Replies (4) \| Respond to of 6654

If CVIA has 500,000 bucks in cash and 390,000 shares outstanding, then on a book value scale that puts each share worth 1.28 (or .78, not sure which way to divide, my head hurts tonight!) just in cash value. If that was the equivalent of the book value (some people look and think highly sitting cash) and say our industry multiple was say.... 21 or 28, then that would put us at a share price of $26.88-$35.84. I lost you Matt. You took the post split book value and then multiplied it by 21? What is that???? Sounds like you confused P/E with book value multiple. I don't know any stock(except maybe NSCP, AOL<ggg>) that trades at that multiple of book. If you were talking P/E of 21, you wouldn't multiply it by stock price, you would multiply it by EARNINGS PER SHARE. What are you trying to say? TG