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


To: jmt who wrote (3830)9/23/1998 10:21:00 PM
From: bgavlick  Read Replies (2) | Respond to of 6931
 
Here is a rather simple way of determining a proper valuation that no one has mentioned.
Market Cap is ????????

$.30 x 30 million = $9,000,000.00

$3.00 x 30 million = $90,000,000.00

$7 to $8 x 30 million = a metric ton of cash

NOW!! How much would anyone looking to aquire this company pay for it?
Lets be realistic here.