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Microcap & Penny Stocks : PanAmerican BanCorp (PABN) -- Ignore unavailable to you. Want to Upgrade?

To: David Sirk who wrote (27084)	2/24/1999 11:20:00 PM
From: ISOMAN	Read Replies (1) \| Respond to of 43774

Phillip Morris. MO $41 Has 2.4 billion shares, with 2.2 billion in the float. By your definition MO is about to tank. Course it isn't because the stock price is driven by earnings. Now MPTV You said that 1.5 cents was not a good price for it. blah blah. I agree, but why is it that Pan am wich has much much much more potential, is a death trap at 2 cents. You said you wanted to learn value investing, well here is your chance. Find out what the income is for Panam, and you will have the share valuation. Would you agree, that if the sec files were to come out next month on PANAm Showing gross income of 20 million and net income of 8 million, that 2 cents a share would be low.