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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX) -- Ignore unavailable to you. Want to Upgrade?

To: DavidCG who wrote (380)	4/24/1998 10:01:00 PM
From: Mark[ox5]	Respond to of 3129

David ;) now you are really starting to sound like Byron LOL Are you starting to get the picture here? LOL Hey 3-5% margins.. hmm lets do a little back of envelope analysis. $120M contract in Mexico alone.... $120,000,000 x .03 = $3,600,000 Profit... $3,600,000 Profit divided by 21,000,000 shares = $0.17 EPS alone from this contract alone, worst case scenario (3%) Best case scenario.. if they can squeeze to 5% profit $120,000,000 x .05 = $6,000,000 Profit... $6,000,000 Profit divided by 21,000,000 shares = $0.28 EPS from this contract alone So roughly 0.17 to .28 from this 1 contract... not even looking at Meyer Group contract yet, or their media/song/studio side of the business. Hmmmm.... Well bought a bunch at $2.06, and I also got silly and bought at the high of the day @ $3.06. DOH! Well the average for the day was $2.40 so still came out pretty well. Nice consolidation day today... took out some daytraders, and many more "investors" came in at higher levels. Hopefully we can base at the $2.50+ level for now until next lift-off..... Looking over catalogs of prospective yachts for Boob the man in @ 0.30, Mark =)