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Microcap & Penny Stocks : Dynamic Information System & eXchange, Inc. (DIXS) -- Ignore unavailable to you. Want to Upgrade?


To: wmj who wrote (752)6/18/1998 1:41:00 PM
From: Chris O'Keefe  Read Replies (1) | Respond to of 1084
 
Actually, there was something in the latest news that concerned me. The line: "The Company projects total revenues in 1998 to be $750,000..."

$750,000 is all the company plans to make in 1998 and we're talking about this being a $3, $4 or $5 stock later this year? OK, I'm sure I'm missing something and, sure enough, I'm no evaluation guru. But someone help me out--if this stock goes to $4/share (for the sake of example) aren't we talking about an unreasonably high P/E ratio?

Thanks,
Chris