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Microcap & Penny Stocks : Eutro ( EUTO ) -- Ignore unavailable to you. Want to Upgrade?


To: JOEY who wrote (7285)9/30/1998 10:45:00 PM
From: Alan Markoff  Read Replies (1) | Respond to of 12043
 
United Stock Transfer @ 303-792-3650



To: JOEY who wrote (7285)9/30/1998 10:57:00 PM
From: Doug Gallian  Read Replies (1) | Respond to of 12043
 
Folks, as we prepare for financials next week, let us set our expectations appropriately. Last year was a negative EPS year for EUTO. Any positive earnings in my opinion is a HUGE increase. Most BB's are going backwards when it comes to earnings and revenue. EUTO is moving forward. I saw some people speculating on EPS last night and although there is nothing wrong with speculation, let's not set an artificial EPS in everyones mind without the facts. Let's use the FACTS WE DO KNOW.

I propose we look at it from this angle.

We are currently at .04 (that we know)

To justify that price based on a conservative PE of 10 that would put earnings at .004. Using a less conservative PE of 20 puts our EPS at .002. (again, this is something we know from analyzing other stocks)

The way I look at it, ANYTHING above .004 will be HUGE and should set the stage for a nice rally and justify prices well into the teens and beyond. The equation for true market price should also factor in EUTO's forward looking potential to make money not just past revenue performance.

Congratulations to all who have endured to this point as LONGS. I believe Brad, Floyd, and Dan have plotted a profitable course for our company and my faith in their abilities continues to grow.

Doug