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Microcap & Penny Stocks : MPTVE - Turnaround With Huge Potential -- Ignore unavailable to you. Want to Upgrade?

To: Speedster who wrote (2684)	2/25/1999 12:12:00 PM
From: David Sirk	Read Replies (1) \| Respond to of 5783

30,000 Still A nice piece of change

To: Speedster who wrote (2684)	2/25/1999 12:22:00 PM
From: icedog	Respond to of 5783

Directly from the PR: The Lake Tropicana Timeshare Resort is located on prime real estate in Las Vegas, Nevada on 7.5 acres between the MGM Grand Hotel and Casino and the Hard Rock Cafe and Hotel Casino. The Lake Tropicana Timeshare Resort consists of 22 buildings, tennis court, spa, swimming pools and recreation facilities. MPTV, Inc., will offer 9,152 timeshare intervals at an average price of $12,500 per interval, typical gross profits for the industry exceed 15%. So let's say it takes 1 year to sell out: (IMO it will take less than that) 9152 x 12500 = 114mil 114mil x 15%(profit) (very conservative!) = 17.1 mil 17.1 mil /500 mil shares = .03 earnings (Vegas only) use PE of 10 (industry average is 20) .03 x 10 =.30 value (Vegas only) This is not Rocket Science... Tom