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Microcap & Penny Stocks : ETPI-Military Entertainment Enters Civilian Market -- Ignore unavailable to you. Want to Upgrade?


To: Kelly Igou who wrote (2696)1/7/1999 1:53:00 PM
From: Toby Zidle  Respond to of 4767
 
Kelly, I don't think it makes much sense to mess with a P/E analysis of ETPI at this stage of its development.

Reasons:
Very small denominator on the ratio - earnings might be 1¢, might be 5¢. Either way gives a large variation to the computation.
Share price fluctuates too widely also. Expect 20¢ or expect 60¢.

So depending on what numbers come into the equation, you can get a P/E of as much as 60 or as little as 4. This just doesn't tell me anything other than that ETPI is a speculative stock.



To: Kelly Igou who wrote (2696)1/7/1999 1:53:00 PM
From: wallstreeter  Read Replies (1) | Respond to of 4767
 
Well kelly i i agree with you on this. I think we should blend the entertainments industry pe average with the internet retail average.
I personally think that a pe of 20 is on the conservative side because of the internet factor. Internet retailer stocks are selling for humongous PE rates and most of them arent making money yet,so i think this factor will change people perceptions of earnings for etpi and start to look for increases in revenues instead of just net income.
So if we do beat or meet the 5 cent net income for the end of the year,that would be a humongous boost for etpi