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To: Freddie Forte who wrote (24453)9/30/1998 9:40:00 AM
From: Forest Gump  Respond to of 27968
 
No, they won't be able to show .10, but what if they could show even .05... That would at least put some value to our shares



To: Freddie Forte who wrote (24453)9/30/1998 10:04:00 AM
From: Wink  Read Replies (1) | Respond to of 27968
 
My last conversation with LE was about margins in this industry. It seems that 5% is very good and 10% is extraordinary with 2-3% being the norm.

If we assume 5% on $8.5M then we have $425,000 or about $0.02 per share. I'll go with this number or less! Note this is a far cry from the $0.1085 that I bought in on (nothing less than fraud IMO) and I'm too far leveraged to average down, even if I thought it was a good move (which I don't - yet)! ;>)


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