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Microcap & Penny Stocks : RMS TITANIC INC (SOST) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Paul Langley who wrote (113)	10/10/1998 2:47:00 PM
From: Michael Paul Langley	Read Replies (1) \| Respond to of 217

Earnings should be announced around the 20th of October (my guess). with the Boston and Tokyo exhibitions underway this quarter revenue and earnings should increase sequentially (even if revenues from existing exhibitions are lower). My guess is $3.1 mil revenue and $1.6 mil in after tax income (about $.10 per share for 2nd Q). With the run rate of earnings for the year approaching $.40 stock price should at least approach $2 per share even in a weak stock market environment. I believe SOST would qualify for the NASDAQ small cap market if stock price was at least $3 initially (i think they qualify on the basis of the other requirements, i.e net assets, etc).