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Microcap & Penny Stocks : 1ST MIRACLE GROUP (MVEE), founders last co. went $0.20-$46 -- Ignore unavailable to you. Want to Upgrade?

To: M.R. Davis who wrote (1549)	11/3/1998 6:32:00 PM
From: M.R. Davis	Read Replies (1) \| Respond to of 5541

OK - BARTON H. TIPPETS is DYING to know if this stock has the potential to be "a 10 or 20 bagger" within a year. Working from Alexander,Wescott's report - they estimate a minimum revenue of $15 million in 1999, with 90 million shares and an industry Price to Sales of 1.63 then a stock price of $0.27 would be appropriate. However using a Price to Sales of 109, that is of a more dynamic upcoming company like Pixar, then a stock price of $18.00 would be appropriate. So BARTON there it is... somewhere between 27 cents and $18 in one year's time. Take your pick. If you purchased at an average cost of 10 cents a share you have a possible triple bagger or possible 180 bagger. The answer to your question is therefore: YES.