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

To: Alastair McIntosh who wrote (10336)	8/4/1998 8:12:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 43774

Yes, it is going to be difficult to find a comparable for this company to get a rough idea of what net income ammounts should be. The problem here, is that they don't fund the mortgages, they write the paper and sell it in the secondary market. Real Money, not only sells the note, but it also services the monthly payments for a fee. The Insider trading site is also hard to predict what the sales, and net income will really be. It would be good, if we could find the sales figures for etrade and datex, etc, not now, but the first 2 years they came on the scene. I have no idea what to do with the health network thing??? Perhaps we have an RN on the thread, that might know what data like this is worth. I don't. Wouldn't even hazard a guess. If the U.S. Government is buying the data, it's good for a few billion in sales then, but, in the real world???? I know of Health related companies that are making huge profits on Data servicing for the medical profession (look for the IPO of American Enterprise services in the Fall AES most likely on the Nasdaq, and TSE) The edgar filings in the Fall should be very enlightening. At anyrate, I feel comfortable buying under 8 cents. Others should really do their homework Alistar and I are from the same neck of the woods, He is probably as skeptical as I am. (maybe more) We Canadians, tend to be a little conservative.