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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: xbrent who wrote (2513)	6/24/1998 1:14:00 PM
From: El Diablo	Read Replies (3) \| Respond to of 43774

Hey gang, I've been a lurker on this thread for over a month now and have been buying our PRWT since 0.014. Thank you, Mr.(Mrs?) Reason for all your time and DD. Thanks also to Barbara for those trading logs and that insight into the MM world. Despite what others may say (not mentioning any names), it is greatly appreciated by many of us lurkers. Wow! what a release - it sure was worth the wait. So let's see what exactly we have our hands on... -$10 million contract -$18 million contract Folks, that's $28 MILLION in revenue! and the company is barely 3 weeks old! With 540 million shares outstanding (that are disappearing as we speak!) let's crunch some numbers: EARNINGS -$6 million from today's new acquisition -$1 million from the Belize contract (assume 10% margin) So we have $7 million in earnings SO FAR, not including any possible upcoming releases. 7/540 shares total gives us $0.013 earnings per share. That means that at it's present price of $0.075, the company is trading at a -Price/Earnings of 5. -Price/Sales ratio of 1.5. FOLKS - THIS IS DAMN CHEAP! Other company's in these sectors (Video/Phone, Mortgage Financing, ECNs) trade at P/Es of 20 and higher! If we re-evaluate at another P/E, that means PRWT is worth: P/E = 10 --> $0.13 P/E = 15 --> $0.20 P/E = 20 --> $0.26 P/E = 25 --> $0.32 This does NOT include any possible future contracts! No hype, just WAY, WAY, undervalued at these levels. Let's see here, -Over $1 million worth of stock traded already (doesn't happen too often on BB stocks!) -MM interest increasing (up to 14 from 4) -MAJOR publicity upcoming in Belize next week -LOTS of new $ taking a look at this one after today -Some very HOT industries: off-shore financing, video/phone, ECNs and online-trading Gee, I think I may want to hold this one for a while.... The way I see it, anyone who gets in at less than $0.10 is getting ONE HELLUVA deal on this one! Back to the Copa Mundial, Yo soy El Diablo