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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: Scooter who wrote (1554)11/4/1998 12:42:00 AM
From: bottomfish  Read Replies (1) | Respond to of 5541
 
I have not done my math yet but according to M.R. Davis price to sales ratios may be a better measure for future value than P/E. Book Value is always a good indicator what the price of the stock really is. But again price is mainly determined by future expectations of where the stock is heading. If this company starts landing big contracts with the majors or start producing block buster films then fundamentals may be put aside for awhile. Note: When Cannon Group hit $40 per share plus they were producing close to 100 films in the 80's.



To: Scooter who wrote (1554)11/4/1998 3:32:00 PM
From: Tadsamillionaire  Respond to of 5541
 
Scoot, I agree with you and what you said.
I also believe at these prices MVEE is a great opportunity.
The only reason I pointed out the reverse split scenario and the 30 Million share scenario , was to say " It could happen."
Simply my thoughts and always glad to hear from others.