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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: F. Jason Fowler who wrote (4864)	7/8/1998 4:03:00 PM
From: John Chapman	Respond to of 7491

Jason: The PR says .03 EARNINGS per share. Since the period given ends Dec 31, 1998, this is only six months of earnings at most because they just started sales of the CD's. $.03 x 19.4 million = $582,000 in earnings. 40,000 CD's @ $25.50 = $1,020,000 in sales. I wish all my companies would post their earnings projections. I understand that Paws Only is still on schedule to begin sales August 1 which leaves a lot of time to Dec 31 for its earnings to add to the .03. Same thing for ther chat software.Additional CD sales will add to the .03 as well as direct internet sales via download. That is why CSHK said in the PR the .03 was "based on orders in hand and pending". That is what they know about. Appears to me the .03 could be conservative and walking on the safe side.