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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON? -- Ignore unavailable to you. Want to Upgrade?


To: Island Man who wrote (3044)7/9/1998 12:18:00 AM
From: Tobasco  Read Replies (1) | Respond to of 6931
 
No, 3 cents (rounded) is correct. Reasonableness test says $1m divided by 29m shares outstanding is 1/33 or 3 cents. But, 3 cents is 30 times the last quarter's EPS of .1 cent. That won't make the stock $15 (30x.50) but it will show that the company is headed in the right direction.