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 : EDII -- Ignore unavailable to you. Want to Upgrade?

To: Ken M. who wrote (902)	6/8/1998 9:23:00 PM
From: thomas oakley	Read Replies (3) \| Respond to of 2849

so there is 70 million shares outstanding. What is the maximum # of shares that the company can issue? Is it 100 or 200 million? These new acquisitions that they are making--how many shares is that going to add? Can you post a copy of the financials? This is starting to sound more and more like a pump and dump.

To: Ken M. who wrote (902)	6/8/1998 9:38:00 PM
From: jmt	Read Replies (1) \| Respond to of 2849

Ken: A profit margin of 10% on $50M is $5,000,000, just as you posted. Very few companies can sustain over 20% in profits. Remember profits are whats left after all costs, including marketing, sales expenses, CEO salaries and taxes. You left many of these costs out of your earlier analysis on the Spitts when you thought the material was $200 (sounds low) labor $300 (maybe) leaving a profit of $1,200 on a $1,700 grill. You forgot all those items mentioned above. And remember your Uncle Sam takes up to 40% of pretax profits.