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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew H who wrote (1232)	3/2/1999 12:44:00 AM
From: Dave Gore	Read Replies (1) \| Respond to of 8189

Andrew, the margins are actually over 80% at retail and I was a retail store manager for 8 years, so I was very pleased when I heard this. With quantity discounts, margins on Ford and GM are still over 70% So $17,000,000 in 1999 sales x .7 = about $12 million in Gross profit I then figured $7,000,000 in taxes and overhead costs leaving 12 mil - 7 mil = $5mil of pure after tax .... too high? ******* Andrew even $3 million in after tax profits still equals 30 cents per share earnings or $9.00 with a PE of 30 (low these days) What do you think? Nice huh?